Confirmed: Yahoo to Acquire Tumblr for $1.1 Billion

May 20, 2013 – 1:40 pm

tumblr_ios_logo.jpgYahoo has announced that it will acquire Tumblr in a refreshingly honestly press release that states “Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business.”

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Confirmed: Yahoo to Acquire Tumblr for $1.1 Billion

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