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Yahoo! Buys Tumblr for $1.1 Billion Cash Deal—Twitter Reacts

After much speculation, it can be confirmed that Yahoo! will acquire Tumblr in a $1.1 billion cash deal. The story broke via the Wall Street Journal’s Twitter:




Here’s what else Twitter is saying:






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After much speculation, it can be confirmed that Yahoo! will acquire Tumblr for $1.1 billion.