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back to article AOL offloads Bebo - for 'exceptionally uninspiring number'?

AOL is set to reap an "exceptionally uninspiring" sum for Bebo, the moribund social networking site for which it paid $850m just two years ago. The Wall Street Journal says a sale could be announced today, with the likely buyer Criterion Capital Partners LLC of Studio City California. This is an interesting location - a suburb …

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  1. Matt 13

    aol, bebo?

    they still exist?? whod have thought it!

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    1. Nate Phillips
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      WTF?

      My Thoughts Exactly.

      How is AOL still hanging on? (Grandparents notwithstanding)

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      1. James O'Brien
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        Unhappy

        sadly

        My parents stil use (and PAY for) aoHell. Even after I have told them repeatedly they dont need to pay for AOL because they have TW RoadRunner. *mutters*

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  2. Capt John Yossarian

    mmmm

    I worked for company sold to AOL for over £75M and sold two years later for around £8M

    How about that for shareholder value?

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