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Yahoo, Tumblr CEOs Speak Out on Deal

10:14 AM ET Tue, 21 May 2013

This is part of enhancing our growth story, said Marissa Mayer, CEO of Yahoo! on why her company acquired blogger website Tumblr for $1.1 billion. And, David Karp, CEO of Tumblr, explains how this "mission" provides an opportunity to serve "an incredibly creative community."