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| VIEW EVENT INFORMATION: AOL |
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AOL To Sell Bebo For Around $10 Million |
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About the organization AOL:
Type: Business
Sub-Types: Website, Search Engine, Internet Service Provider, Online News, Computer, Computer Software, Application Software, Telecommunication Software |
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Notable Organizations: AOL, Techcrunch
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| AOL is close to selling Bebo to an investor group, we’ve confirmed from a source close to the company. The price? $10 million or less. Rumors of the acquisition first surfaced this morning, and the buyer may be Criterion Capital Partners.
That’s just a bit less than the $850 million AOL paid for the social network in 2008. And as decimated as Bebo is, it’s almost certainly… |
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