Yahoo Board Has Approved A $1.1 Billion Cash Deal For Tumblr, WSJ Reports | TechCrunch »

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The Wall Street Journal is now reporting via Twitter that the rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by Yahoo's board of directors. The Tumblr acquisition was rumored last week, with a price tag reportedly north of $1 billion, which appear.. Source Main page (current trends)

More about: cash acquisition, The Wall Street Journal, tumblr, yahoo

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