5/21/2013: BUSINESS: Yahoo! board nods $1-bn deal to buy Tumblr

AllThingsD is reporting that Yahoo! Inc. (NASDAQ : YHOO ) s board of directors has approved an all-cash deal to buy the social blogging site Tumblr for $1.1 billion. At first glance, purchasing a company for more than a billion dollars with only ...

Yahoo announced the acquisition of the blogging site Tumblr , after the Yahoo board approved the $1.1 billion purchase on Sunday. The Tumblr acquisition is said to be part of Yahoo CEO

* Yahoo's board approves $1.1 bln Tumblr acquisition * Actavis to acquire Warner Chilcott in stock-for-stock deal * Futures off: Dow 7 pts, S 1 pt, Nasdaq 4.75 pts By Rodrigo Campos NEW YORK, May 20 (Reuters) - U.S. stock index futures dipped in light volume ...

RelatedReport: Yahoo Board Approves Billion-Dollar Tumblr Deal Email Print Share FacebookTwitterTumblrLinkedInStumbleUponRedditDiggMixxDeliciousGoogle+ Comment Follow @techland Greetings, old-timer. In light of the recent Yahoo-buys-Tumblr news, my ...

The Yahoo board approved an acquisition of Tumblr for $1.1 billion, reports CNBC's

Dataquest Tumblr, the online blog platform, has been acquired by Yahoo!. The Yahoo board has given the nod to CEO Marissa Mayer's plans to acquire publishing platform Tumblr for $1.1 bn. This is being considered a big win for the ...

The last remaining obstacle to Yahoo Yahoo Since Tumblr's board has already approved the offer, as I reported yesterday, it would take something truly weird to keep this deal from going through. A Yahoo spokesperson didn't immediately respond to an ...

Board approved deal on Sunday By Yahoo's is spending over a billion to nab Tumblr. The deal received board approval on Sunday, according to Allthingsd.com and The Wall Street Journal. And now Yahoo CEO Marissa Mayer has confirmed the deal in a blog ...

Yahoo s board of directors has approved a $1.1 billion acquisition of Tumblr, it was reported earlier today. The initial reactions from many Tumblr users have ranged from skepticism to outright anger, as many fear the acquisition will change the ...