AOL has found a buyer for Bebo

AOL has sold its troubled social network site Bebo to venture capital firm Criterion Capital Partners for as little as $10m

AOL has found a buyer for Bebo

The acquisition and financing was lead by Adam Levin, managing partner at CCP, in partnership with business strategist Paul Abramowitz and web entrepreneur Richard Hecker. CCP will take over Bebo's global operations immediately.

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