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Published May 20, 2013, 08:55 AM

Yahoo takes big leap with $1.1B deal for Tumblr

SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times.

By: MICHAEL LIEDTKE,AP Technology Writer, Associated Press

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