AOL to Acquire Bebo for $850 Mil.

NEW YORK Despite intense pressure from Wall Street, slowed revenue growth and apparent management dysfunction, AOL continues to be aggressive on the acquisition front. The Time Warner-owned Web pioneer said Thursday that it has agreed to acquire Bebo, a fast-growing social networking site best known for its popularity in the U.K.,

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in