According to sources close to the situation, the $350 million deal for Yahoo to buy online-video service News Distribution Network has stalled. Sources inside the Silicon Valley Internet giant said that it had tabled the talks — this despite a visit to the Atlanta-based headquarters of NDN by CEO Marissa Mayer — and it is not clear if it will be completed. Yahoo has been trying to bolster its video platform and has tried various acquisitions that have not panned out, such as a failed bid for France’s Dailymotion. One possible company of interest: Los Angeles-based YouTube network Fullscreen, which has recently hired banker Allen & Co. after an influx of acquisition interest.
This article originally appeared on Recode.net.
