Bebo has been in discussions via their investment bank, Allen & Co., with a number of potential buyers, and says that the company signed a deal on Monday to be acquired. The rumored price is $1 billion.
What’s clear is that Bebo, which is the second largest social network in the UK behind Facebook, either signed a deal, or is sending out false messages that they’ve been or are about to be acquired.
The buyer is unclear, although we are still betting on Google given that Bebo fits well with Orkut. Microsoft has been mentioned as another possible candidate, although they seem to have their hands full right now with Yahoo. Other potential buyers, including News Corp. and Yahoo.
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