Yahoo CEO Mayer Says Tumblr Is `Exceptional'

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May 20 (Bloomberg) -- Marissa Mayer, chief executive officer of Yahoo! Inc., speaks on a teleconference about the company's agreement to buy blogging network Tumblr Inc. for about $1.1 billion. Mayer spoke in response to an analyst question about the size of the acquisition. (This is an excerpt. Source: Bloomberg).

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