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AOL to buy Bebo social network

NEW YORK/LONDON (Reuters) - Time Warner Inc's AOL Internet division is to buy social network Bebo for $850 million in cash, bolstering its consumer Internet offerings even as the media conglomerate mulls splitting off the business.


Source: http://feeds.reuters.com/~r/Reuters/InternetNews/~3/250724228/idUSN1327727520080313

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