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    Exam 6: Corporate-level Strategy: Creating Value Through Diversification
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    Yahoo Purchased Tumblr for 1
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Yahoo Purchased Tumblr for 1

Question 10

Question 10

Multiple Choice

Yahoo purchased Tumblr for 1.1 billion in 2013 but wrote off 80 percent of the investment by the middle of 2016.They considered this to be a poor


A) expansion.
B) divestiture.
C) acquisition.
D) cost savings.

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