Rumors have been flying around for the last week about a possible acquisition of DailyMotion, the French-born equivalent of YouTube. And the first half of the 2-part transaction has just been confirmed; Orange will acquire roughly 49% of the company for approximately ?59 million (?58.8 million) with the rest to follow shortly.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/OOyaVHrb75I/
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