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Yahoo! (YHOO) May Bid $250M+ for YouTube Content Provider, Fullscreen

June 27, 2014 6:28 AM EDT

Yahoo! (Nasdaq: YHOO) is said to have bid $250 to acquire YouTube content provider, Fullscreen.

Reuters, citing Britain's Sky News, reported Thursday that Fullscreen accounts for about 3 billion hits per month on YouTube.

Private equity firm Chernin is also... More