Tumblr to discuss acquisitions, the amount of money involved may be as high as 1 billion

Source: Internet
Author: User
Keywords Acquisitions Yahoo Tumblr yahoo
Tags blog company failed failed to high media multiple multiple sources

Multiple sources confirm that Yahoo is discussing acquisitions with TUMBLR, the originator of the light blog, involving an amount that could be as high as 1 billion. Yahoo, which was recently thwarted by the French government and failed to acquire the daily Motion of France Telecom, announced that it would study the feasibility of acquiring other companies, including Pinterest, Zynga and Media Ocean. Yahoo also has talks with the video company Hulu about acquisitions. Today, TUMBLR also entered Yahoo's takeover shortlist.

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