TITLE

Bebo Deal Suggests Facebook Friends Pricey

AUTHOR(S)
Sadighi, Lalee
PUB. DATE
March 2008
SOURCE
Red Herring;3/13/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article analyzes the agreement signed by AOL to acquire social network Bebo for $850 million. The agreement raises questions about the $15 billion valuation assigned Facebook when Microsoft took a stake in Facebook in 2007. The author argues that the acquisition of Bebo by AOL might be cheap compared with acquisitions made by Microsoft or News Corp.
ACCESSION #
36876155

 

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