Jun 10
17
AOL Dumps Bebo For Reported $10 Million
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AOL has confirmed in an SEC filing this morning that it has sold its ailing social site Bebo to digital media investors Criterion Capital Partners . Although the value of the deal was not disclosed, reports have the price tag at a mere $10 million although AOL had forked out a hefty $850 million to acquire the company in March 2008
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AOL Dumps Bebo For Reported $10 Million