It's (Mostly) Official: Yahoo Buying Tumblr Youth Serum for $1.1B

Cash! The WSJ says "the Yahoo board has approved a deal" to make this happen, and it's hard to imagine Tumblr turning this down. One of the most unpopular companies in the world will soon own one of the most popular in history, and we'll all find out if you really can buy cool.

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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/xJOUYERRrjM/its-mostly-official-yahoo-buying-tumblr-for-1-1-bill-508716117

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