Marissa Mayer: Yahoo! Didn’t Overpay On Tumblr Deal – ValueWalk Premium
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Marissa Mayer: Yahoo! Didn’t Overpay On Tumblr Deal

Yahoo! Inc. (NASDAQ:YHOO) CEO Marissa Mayer has defended the $1.1 billion the company paid for the blogging service Tumblr. The executive made the comments while speaking to CNBC earlier on Tuesday. Yahoo! Inc. (NASDAQ:YHOO) confirmed that it had agreed to acquire Tumblr last weekend.

In the interview on CNBC, Mayer said that the acquisition of Tumblr . . .

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