Undeterred by the threat of a hostile takeover, slumping Internet pioneer Yahoo Inc. completed an acquisition of its own by buying online video service Maven Networks Inc. for $160 million (110 million).
The deal on Tuesday marks Yahoo's latest attempt to expand its online advertising network and snap out of a two-year financial funk that has culminated in unsolicited takeover offer from Microsoft Corp.
Yahoo's board rejected the bid Monday, prompting Microsoft to raise the possibility of taking its offer _ originally valued at $44.6 billion (30.68 billion) or $31 per share _ directly to shareholders.
Sunnyvale-based Yahoo thinks it's worth more, …
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