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Yahoo confirms $1.1 billion Tumblr purchase – USA Today – USA TODAY


U.S. News & World Report

Yahoo confirms $ 1.1 billion Tumblr purchase – USA Today
USA TODAY
SAN FRANCISCO —Yahoo is buying online blogging forum Tumblr for $ 1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced Monday represents Mayer's boldest move yet since she left
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