Tumblr may reject Yahoo's $1.1 billion acquisition offer for being 'too low' and 'only a first offer'.

What are you thinking?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

The tech space is abuzz with a possible acquisition of Tumblr by Yahoo in an all out cash deal of $1.1 billion. The newest of the rumor to this end is that the tumbleloggin company isn’t impressed with the amount, and may reject the offer.


tumblr

According to a TechCrunch report, Tumblr is viewing Yahoo’s $1.1 billion cash offer as “too low” and “only a first offer”. Plus, the company has Facebook and Microsoft ready to take the pie. Does that mean Tumblr is rejecting Yahoo’s offer?

Earlier, AllThingsD reported that Yahoo board is meeting on Sunday evening over the deal. If Yahoo CEO Merissa Mayer can get the approval of the board over the deal, the Yahoo-Tumblr discussions can result in an offer.

Do you think Tumblr will turn down Yahoo’s offer and start looking for a higher price from Facebook or Microsoft? Don’t jump to conclusions too early.

Even if Tumblr turns down Yahoo’s offer, it is unlikely to result in a bidding war. Because, Yahoo is currently negotiating under a lockup, and if it makes an offer than Facebook and Microsoft conversations won’t hold.

Yahoo is interested in an outright acquisition, rather than an investment or partnership. To make that happen the Yahoo management has to convince its board, and at the same time convince Tumblr CEO David Karp that his company won’t be “absorbed into a behemoth” and “raided for talent and traffic”.

On Tumblr’s side, playing too hard-to-get may not be a wise decision. The company announced earlier that it has enough cash only to support the current setup for the next three months.

Thanks to: TechCrunch, AllThingsD, Forbes

Buy Cheapest Related Product From Amazon.com


Your Cellphone Usage May Reveal Your Brain Dominance

[Video] Watch The Biggest Explosion On The Moon, Discovered By NASA
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On May 18, 2013(1 year, 4 months ago.)

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

Apple has published a new guide detailing how Android users will be able to switch their contents from Android to iPhone.
The trick will let you to check your Facebook messages in the original app without downloading Messenger and it works with both iPhone or Android phone.
Want to block all disgusting ads from your android device? Read the tutorial to know how you can block ads on your Android and save data.
Want to repair your memory card? It's very easy to fix corrupted or damaged memory card. In fact you can fix it by yourself.
Are you the one who is frustrated because of the speed of your Android device? No worries, the article will help you increase the speed of that device.
Lately, Google has updated its Google Docs. Now users can crop, rotate, and add borders to images in a document without leaving Google Docs.
Adobe CS products are not free, but the good news is you can now download Photoshop CS2 & all other CS2 product completely free and it's absolutely legal.
At the beginning level, many people don't know how to use Gmail properly. For them, a here's a helpful guideline.
Skype now allows you to call directly from your Outlook account. Find the step-by-step installation process from this tutorial.
This tutorial helps you quickly resolve four of the most common problems that occur with Windows XP.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook