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Yahoo poised to buy Tumblr for $1.1 billion – report

20.05.2013. | Yahoo’s board has reportedly approved a deal to purchase blogging startup Tumblr for $1.1 billion. It is not yet clear whether Tumblr's board has also approved the deal. If successful, Tumblr would continue to operate largely as an independent business. A source close to the deal told The Wall Street Journal that the......


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