Is Bebo on the Auction Block?

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Techcrunch is spreading rumors and just as Alley Insider says, it’s always fun to play games. According to Erick Schonfeld, Bebo may be sold to Google for between $1 and $1.5 billion. If there was a social networking fund to invest in, shares of it would be up a ton over the past few years following the MySpace acquisition by News Corp.

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