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Home › Yahoo to acquire Tumblr for about $1.1 billion

 

Yahoo to acquire Tumblr for about $1.1 billion

2013-05-20 07:32:50| InfoWorld: Top News

Yahoo has confirmed widespread reports that it will acquire the popular blogging service Tumblr, and also promised not to "screw it up." The deal is worth about $1.1 billion, nearly all in cash.

Tags: yahoo billion acquire tumblr

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