techcrunch.com
- Josh Constine
Tumblr feels that Yahoo’s $1.1 billion offer as “too low” and view it as “only a first offer”, according to sources close to to acquisition talks. Yahoo may have to significantly increase the offer to close the deal. An acquisition by some tech giant is likely in the cards for Tumblr, though, as sources say the company only has a few months of cash runway left.
The news comes after AllThingsD reported Yahoo was in advanced talks to buy Tumblr for $1.1 billion cash, and the portal’s board of dir... show all text
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@Techmeme: Tumblr May Reject Yahoo's $1.1B Acquisition Offer For Being "Too Low" (@joshconstine… http://t.co/H4aFaQYHpU http://t.co/0T2RNRkWMf
@barbaraslade: Hoce li Tumblr odbiti milijardu dolara od Yahooa? Mogao bi. http://t.co/E7QQtYW7Zb
@AyeletNoff: Tumblr May Reject Yahoo’s $1.1B Acquisition Offer For Being “Too Low” http://t.co/Np46sfgJNo via @techcrunch by @joshconstine
@drewb: Tumblr May Reject Yahoo's $1.1B Acquisition Offer For Being "Too Low" http://t.co/hXU6sQv3OD via @TechCrunch
@Rrfly: "Tumblr May Reject Yahoo’s $1.1B Acquisition Offer For Being “Too Low” | TechCrunch" http://t.co/ssewcDHOvt
@TechCrunch: Tumblr May Reject Yahoo's $1.1B Acquisition Offer For Being "Too Low" http://t.co/apQTh5FcI6 by @joshconstine
