On May 20, 2013, Marissa Mayer announced that YHOO would be buying the famous blogging site Tumblr for $1.1bn as part of her master plan to regain the former glory of the giant Internet company. Some speculations were made and analysts started to forecast the effect of this acquisition to the future performance of Yahoo! This article will talk about the impact of Yahoo!’s new leader and its most recent acquisition to the company’s stock price movement. What will happen to the once Internet darling company? Is acquiring Tumblr the best gamble that Yahoo! can do?.
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