Yahoo! Buys Tumblr for $1.1 Billion Cash Deal—Twitter Reacts

Published:2:55 pm EDT, May 19, 2013| Updated:7:54 am EDT, May 20, 2013|

tumblr, yahoo

After much speculation, it can be confirmed that Yahoo! will acquire Tumblr in a $1.1 billion cash deal. The story broke via the Wall Street Journal's Twitter:

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