[Reuters] AOL to buy Bebo social network

Posted by: UGN Security

[Reuters] AOL to buy Bebo social network - 03/13/08 02:42 PM

NEW YORK/LONDON (Reuters) - Time Warner Inc's AOL Internet division is to buy social network Bebo for $850 million in cash, bolstering its consumer Internet offerings even as the media conglomerate mulls splitting off the business.



Source