Mon May 20, 2013 2:08pm BST. (Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion (723.5 million pounds) cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property ...
Yahoo buys start-up Tumblr for $1.1bn
Yahoo promises not to 'screw it up' over $1.1bn Tumblr deal
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