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Bending Spoons Secures $2.8 Billion in Debt Financing to Acquire AOL
3 week ago /
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Author：小编
On Wednesday, the Italian tech firm Bending Spoons made a significant announcement: it is set to acquire AOL from Yahoo, a company supported by Apollo Global Management. This strategic move will add a legendary internet brand to Bending Spoons' ever-growing portfolio of digital businesses. Bending Spoons revealed that it has successfully arranged $2.8 billion in debt financing. This substantial financial backing will not only facilitate the acquisition of AOL but also support ongoing R&D investments and future M&A endeavors. However, the company has chosen not to disclose specific financial details at this time.
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