Mar14
AOL to Buy Bebo Networking Web Site for $850 Million
on March 14th, 2008 at 8:56 amPosted In: News & Articles
AOL, seeking to make up for falling subscription sales, agreed to buy Bebo for $850 million to gain the third-largest U.S. social-networking Web site and expand in online advertising. Bebo, which is closely held, has offices in the U.K., San Francisco and Austin, Texas, AOL, a Time Warner Inc. unit, said in a statement today. […] ↓ Read the rest of this entry…
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