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Yahoo's Board to meet Sunday to discuss $1.1 billion all-cash deal for Tumblr; press event set for Monday

0. phoneArena posted on 17 May 2013, 23:33

On Thursday, we told you that Yahoo CEO Marissa Mayer is fixated on buying hosting site Tumblr for $1 billion and according to people close to the situation, Yahoo's board is going to get together on Sunday (that's why they earn the big bucks) to discuss an all-cash $1.1 billion offer for Tumblr; sources in tune with Mayer's thinking say that Tumblr will be the property that Yahoo will use as the base for the company going forward...

This is a discussion for a news. To read the whole news, click here

posted on 18 May 2013, 00:37 5

1. pongkie (Posts: 654; Member since: 20 Aug 2011)

somebody stop them!!!!!!!!! tumblr will be dead

posted on 18 May 2013, 01:32 2

4. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)

I tend to agree. Yahoo! has a habit of screwing things up. If Tumblr doesn't get complete autonomy, it will be just the latest fail from Yahoo!.

posted on 18 May 2013, 01:10 3

2. mydi.maus (unregistered)

this CEO is sexy as hell keep it up marissa,.

posted on 18 May 2013, 12:39 4

10. alpinejason (Posts: 262; Member since: 06 Sep 2011)

But the real question is how much junk she has in her trunk

posted on 18 May 2013, 01:26 3

3. dexter_jdr (Posts: 1163; Member since: 28 Jun 2012)

getting tumblr will get what purpose?

posted on 18 May 2013, 01:41 5

5. theminolaboy (Posts: 128; Member since: 18 May 2013)

I am using Tumblr to blog what I have in mind and I don't think that this is a good idea.

posted on 18 May 2013, 03:28 2

6. jibraihimi (Posts: 769; Member since: 29 Nov 2011)

Hope it doesn't become bad acquisition like 'draw something' became for Zynga............. They should have purchased Instagaram, when there was time, and Nokia-Microsoft would have been begging them to develop it for their Platform, but Tumblr!!!!! Hope this doesn't become first dumb move from CEO Marissa.......

posted on 18 May 2013, 08:08 1

7. DHILLON_ARSH (Posts: 66; Member since: 11 Mar 2013)

1.1 BILLION....????

posted on 18 May 2013, 08:22 2

8. InspectorGadget80 (unregistered)

Yahoo will go bankrupt after this deal.

posted on 18 May 2013, 12:12 2

9. rk9flame (Posts: 5; Member since: 21 Apr 2012)

What is tumblr?

posted on 18 May 2013, 13:00 1

11. Libra1985 (Posts: 47; Member since: 26 Feb 2011)

Tumblr sucks

posted on 19 May 2013, 13:17 1

12. corporateJP (Posts: 2458; Member since: 28 Nov 2009)

Say goodbye to all the wonderful posts you can see now versus how it will be once Yahoo takes over. I remember how good Geocities was before Yahoo took over and ruined that.

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