AOL (AOL) Shares Higher as Bebo Sale Inches Closer - WSJ
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Shares of AOL (NYSE: AOL) are higher today as the Wall Street Journal is reporting that the company is close to selling its social-networking site Bebo to a private firm. Shares are up 3.05% to $22.30.
WSJ says that the price is unconfirmed, but sources tell them that it would be a fraction of the $850 million AOL originally paid for the company.
WSJ says that the price is unconfirmed, but sources tell them that it would be a fraction of the $850 million AOL originally paid for the company.
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