Bebo sold back to company founder Birch

The social networking site Bebo has been sold back to the man who founded it.

Bebo sold back to company founder Birch
Tue, 02 Jul, 2013 - 13:21

The social networking site Bebo has been sold back to the man who founded it.

Michael Birch sold the site to AOL for $850m (€650m) five years ago - but revealed yesterday that he had bought it back for just $1m.

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