Yahoo! (YHOO) Board Said to Approve $1.1B Tumblr Deal
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Wall Street Expresses Tepid Enthusiasm on Yahoo! (YHOO) / Tumblr Deal
May 20, 2013 9:18 AM EDTThis morning Yahoo! Inc. (NASDAQ: YHOO) said it would buy Tumblr for $1.1 billion. Wall Street greeted the news with lukewarm enthusiasm. As an example, Bernstein analyst Carlos Kirjner said in an email the deal might be "premature." He isn't alone. Well Fargo analyst Peter Stabler described... More
Yahoo!'s (YHOO) Mayer: We Won't Screw Up Tumblr!
May 20, 2013 8:23 AM EDTYahoo! (Nasdaq: YHOO) affirmed recent chatter that it would be acquiring Tumblr. The deal is valued at $1.1 billion and it will be the first big deal CEO Marissa Mayer has conducted under her watch.
Mayer also posted a message on her Tumblr account today following the news. The... More
Yahoo! (YHOO) to Acquire Tumblr in $1.1B Deal
May 20, 2013 8:01 AM EDTYahoo! Inc. (NASDAQ: YHOO) and Tumblr announced today that they have reached a definitive agreement for Yahoo! to acquire Tumblr.
Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain CEO. The product, service and brand will continue to be defined and developed separately with the same Tumblr... More
Despite Outside Interest, Tumblr and Yahoo! (YHOO) Are in Lockup (MSFT) (FB)
May 17, 2013 2:47 PM EDTYahoo! (Nasdaq: YHOO) moved into negative territory today after getting an early boost on reports it... More
Yahoo (YHOO) Looks to Buy 'Cool' With $1B Deal for Tumblr
May 17, 2013 7:32 AM EDTShareholders of Yahoo, Inc. (NASDAQ: YHOO) are taking in stride reports the company is in talks to acquire Tumblr for $1 billion.
The move by Yahoo is an apparent attempt to get "cool again," AllThingD reported, especially with the all-important 18-to-24 demographic.... More
