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Tag: "$850 million"

AOL finally sells Bebo

on June 18, 2010 | Bebo Business | Comments (0)
AOL finally sells Bebo

There have been reports that AOL have finally sold the social network – Bebo. AOL originally purchased Bebo in 2008 for US$850 million. Unfortunately AOL has been unable to make anything out of Bebo and the purchase has been considered a major business flop. Criterion Capital Partners seem to have now purchased Bebo for around […]

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