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31 December, 14:02

Why did aol fail when it acquired bebo

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  1. 31 December, 14:12
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    The acquisition of BEBO by AOL turned out to be a disaster because the social network did not live up to its price and its business was sinking. AOL had bought the Bebo in 2008 for $850 million in cash and ended up selling it to digital media investors Criterion Capital Partners in 2010 for $10 million.
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