Vivendi (VIVHY.PK) has offered to buy Dailymotion from France Telecom (FTE) now that the French...

|By:, SA News Editor

Vivendi (VIVHY.PK) has offered to buy Dailymotion from France Telecom (FTE) now that the French government has thwarted Yahoo's bid, Reuters reports. In addition, a consortium headed by the founder of upstart French carrier Iliad is said to have made a bid at a "much lower price" than Yahoo's. Meanwhile, the government's actions have received plenty of local criticism, particularly from French entrepreneurs who think they could discourage foreign investment.