1 link tagged with all of: technology + acquisition + bending-spoons + aol + apollo
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Bending Spoons, an Italian tech company, is purchasing AOL from Apollo Global Management for about $1.5 billion. The acquisition is part of a series of ownership changes for AOL, and Bending Spoons aims to be its long-term steward. They recently secured $2.8 billion in debt financing to support the deal and other ventures.
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