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Yahoo's board approves $1.1 billion Tumblr acquisition

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Updated: May 20, 2013, 6:55 AM IST
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Yahoo's board approves $1.1 billion Tumblr acquisition
The deal comes after a recent failed attempt to buy a controlling stake in French video site Dailymotion.
First Published: May 20, 2013, 6:55 AM IST
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