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Yahoo to buy Tumblr in $1.1 bn deal?

Source: Ad Balla | May 20 2013, 12:42am CDT | by Luigi Lugmayr

Yahoo to buy Tumblr in $1.1 bn deal?
Washington, May 20 (IANS) The board of web pioneer Yahoo has reportedly approved a deal to buy popular blogging site Tumblr for $1.1 billion in cash, according to various media reports.
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