Yahoo’s Board Approves $1.1Billion Acquisition Of Tumblr

Yahoo Inc’s board of directors has approved the acquisition of social media blogging site Tumblr for $1.1 billion in cash, according to sources.

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Yahoo Inc’s board of directors has approved the acquisition of social media blogging site Tumblr for $1.1 billion in cash, according to sources.

[via WATBlog.com – Web, Advertising and Technology Blog in India » Startups]

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