WSJ: Yahoo’s board approves $1.1 billion all-cash Tumblr acquisition
By Chris Welch, theverge.comAccording to The Wall Street Journal, Yahoo’s board of directors has approved the company’s widely-rumored acquisition of Tumblr in an all-cash deal worth $1.1 billion. Assuming the terms are accepted by Tumblr, CEO Marissa May…
The trouble with this is, of course, is that Yahoo! has a track record of buying nice things and breaking them, like a giant purple baby Huey. #tumblr #yahoo #dontbreakusyahoo







