TechCrunch report: Bebo Shuns $550 Million Acquisition Offer
San Francisco based social network Bebo, which recently raised $15 millionfrom Benchmark Capital, rejected a £300 million ($552 million)acquisition offer from British Telecom Group “a few weeks agoâ€,according to an insider on the transaction. Bebo’s asking price? North of $1 billion.
Sounds like another big media company trying to [...]
