Verizon to sell Tumblr to WordPress owner

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Site's value lives up to name.

Verizon to sell Tumblr to WordPress owner
Verizon Communications Inc said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress. The company did not disclose the terms of the deal, however, US news site Axios has reported the social media site may have sold for less ...

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