[Reuters] AOL to buy Bebo social network for $850 mln

Posted by: UGN Security

[Reuters] AOL to buy Bebo social network for $850 mln - 03/14/08 01:44 AM

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



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