Yahoo is buying Tumblr, a blogging and social media site, for $1.1 billion in cash and stock. The deal is expected to close in the second half of 2013. Yahoo CEO Marissa Mayer said in a statement that Tumblr .
Yahoo to Buy Tumblr for $1.1 Billion
Yahoo is buying Tumblr, a blogging and social media site, for $1.1 billion in cash and stock. The deal is expected to close in the second half of 2013. Yahoo CEO Marissa Mayer said in a statement that Tumblr .
