France’s Socialist industrial renewal minister Arnaud Montebourg blocked Yahoo Inc’s plan to buy 75 percent stake in Dailymotion, owned by France Telecom's Orange. Mr. Montebourgh said that Yahoo wants to devour Dailymotion. "I met the Yahoo and Orange chief executives in my office. Yahoo wants to devour Dailymotion, but we told them no and that it had to be a 50:50 split," Montebourg told Europe 1 radio.

French Minister has blocked Yahoo-Dailymoti...

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