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Mergers and Acquisitions

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Yahoo has acquired Tumblr for a mere $1.1 billion. Tumblr's CEO and founder David Karp is staying on board so don't expect your cat and '90s television show GIFs to head out anytime soon. You can also head inside their offices here. [Business Insider]