Yahoo Board Has Approved A $1.1 Billion Cash Deal For Tumblr, WSJ Reports | Social Media and its influence | Scoop.it
From techcrunch.com - May 19, 2013 1:04 PM
The Wall Street Journal is now reporting via Twitter that the rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by Yahoo's board of directors.