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Yahoo’s Mayer Turns $640M Alibaba Cash Into BrightRoll

Nov. 12 (Bloomberg) -- Yahoo Chief Executive Officer Marissa Mayer has spent $640 million on acquiring video-advertising service BrightRoll as word of two top shareholders approaching AOL Chief Executive Officer Tim Armstrong to explore a merger with Yahoo. Betty Liu reports on “Movers & Shakers” on “In The Loop.”

Source: Bloomberg

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