Sunday, May 19, 2013

Yahoo to acquire Tumblr in $1.1 billion cash deal

Yahoo to acquire Tumblr in $11 billion cash deal

That cat's out of the bag a day early, it seems. Yahoo's board has approved a $1.1 billion cash deal to purchase the blogging site Tumblr, according to The Wall Street Journal. We were expecting Yahoo to announce the acquisition during tomorrow's NYC media event -- CEO Marissa Mayer may instead use the last-minute gathering to detail the company's plans for integrating the popular platform.

Developing...

Filed under:

Comments

Source: Wall Street Journal (Twitter)

Source: http://www.engadget.com/2013/05/19/yahoo-to-acquire-tumblr/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

Sasquatch 2013 super bowl commercials wheres my refund Fast And Furious 6 superbowl ads Super Bowl Ads 2013 Buffalo Wild Wings

Posted by at

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)