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Yahoo Buys Tumblr for $1.1B, Promises 'Not to Screw It Up'

2013-05-20 19:35:22| PC Magazine Software Product Guide

After a weekend of rumors, Yahoo this morning confirmed its purchase of blogging site Tumblr for $1.1 billion.

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Report: Yahoo board approves deal to buy Tumblr for $1.1B

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

Yahoo's board of directors has approved spending $1.1 billion in cash to buy popular blogging site Tumblr, according to the Wall Street Journal. The plan is for Tumblr to operate as an independent business, the Journal reported on Sunday, quoting anonymous sources. Asked via email about the Journal's report, a Yahoo spokeswoman declined to comment. Tumblr didn't immediately respond to a request for comment.

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Yahoo board approves $1.1B acquisition of Tumblr -- WSJ

2013-05-19 18:44:11| CNET News.com

The Wall Street Journal is reporting on Twitter that Yahoo's board has given the green light for the company's $1.1 billion purchase of the blogging site. [Read more]    

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Yahoo to consider $1.1B price tag for Tumblr this Sunday -- report

2013-05-18 02:32:08| CNET News.com

Yahoo's board of directors will decide on an all-cash offer for the hip blogging site this weekend, AllThingsD reports. [Read more]    

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Chicago Mayor Announces $1.1B for McCormick, Navy Pier

2013-05-17 05:31:00| National Real Estate Investor

Plans include new hotels and retail around the convention center, as well as improved and added facilities at Navy Pier. read more

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