Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]
LIKE
TWEET
SHARE
PIN
SHARE
POST
MAIL
MORE
Posted May 19, 2013 at 4:46pm by iClarified
Yahoo's board has reportedly approved a $1.1 billion cash deal to acquire Tumblr, reports AllThingsD and the WSJ.
The Yahoo board has approved a massive $1.1 billion deal to buy Tumblr. Sources close to the board said the deal was a foregone conclusion and was an unanimous vote by the Silicon Valley Internet giant.
Check for more information as the story develops. You can download Tumblr from the App Store for free.
![Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]](/images/news/30238/121202/121202-64.png "Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]")
![Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]](/images/news/30238/121205/121205.png "Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]")
![Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]](/images/news/30238/121208/121208.png "Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]")
![Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]](/images/news/30238/121211/121211.png "Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]")
![Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]](/images/news/30238/121226/121226-640.jpg "Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]")
![Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]](/images/news/30238/121229/121229-640.jpg "Yahoo Board Approves $1.1 Billion Deal to Acquire Tumblr [WSJ]")
![Apple Drops New Immersive Adventure Episode for Vision Pro: 'Hill Climb' [Video]](/images/news/97133/97133/97133-160.jpg "Apple Drops New Immersive Adventure Episode for Vision Pro: 'Hill Climb' [Video]")
![Most iPhones Sold in the U.S. Will Be Made in India by 2026 [Report]](/images/news/97130/97130/97130-160.jpg "Most iPhones Sold in the U.S. Will Be Made in India by 2026 [Report]")
![Apple to Shift Robotics Unit From AI Division to Hardware Engineering [Report]](/images/news/97128/97128/97128-160.jpg "Apple to Shift Robotics Unit From AI Division to Hardware Engineering [Report]")
![M4 MacBook Air Drops to New All-Time Low of $912 [Deal]](/images/news/97108/97108/97108-160.jpg "M4 MacBook Air Drops to New All-Time Low of $912 [Deal]")
![New M4 MacBook Air On Sale for $929 [Lowest Price Ever]](/images/news/97090/97090/97090-160.jpg "New M4 MacBook Air On Sale for $929 [Lowest Price Ever]")
![Apple Watch Series 10 Back On Sale for $299! [Lowest Price Ever]](/images/news/96657/96657/96657-160.jpg "Apple Watch Series 10 Back On Sale for $299! [Lowest Price Ever]")
![Apple M4 13-inch iPad Pro On Sale for $200 Off [Deal]](/images/news/97056/97056/97056-160.jpg "Apple M4 13-inch iPad Pro On Sale for $200 Off [Deal]")
![Apple Watch SE 2 On Sale for Just $169.97 [Deal]](/images/news/96996/96996/96996-160.jpg "Apple Watch SE 2 On Sale for Just $169.97 [Deal]")
