AOL to acquire Bebo social network for $850m

by Jennifer Whitehead, Brand Republic 13-Mar-08, 12:10

NEW YORK - AOL is to buy the teen social networking site Bebo in a $850m (£417m) cash deal, a move it said would give it a leading position in social media.

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Bebo: snapped up by AOL

Bebo: snapped up by AOL

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