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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.

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Update: 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.

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Yahoo to acquire Tumblr for $1.1 billion in cash

2013-05-20 02:00:00| Total Telecom industry news

Blogging platform to continue operating as independent entity; CEO David Karp to keep his job.

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Yahoo 'to buy Tumblr for $1.1bn'

2013-05-19 20:08:48| BBC News | Business | UK Edition

Yahoo's board approves a deal to buy New York-based blogging service Tumblr for $1.1bn (725m), US media reports say.

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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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