The $550M Bebo rumor untrue, both sides say
Perhaps the rumor is true. But Sarah Gavin, communications director for Bebo.com told us: I can confirm that BT has not approached us and we currently have no contact with anyone at BT. We have no idea where this rumour came from.
BT has also said there's nothing to it: We can state categorically that BT has not had any discussions with, or made any approach to, Bebo. We're not sure where this rumour came from according to eConsultancy.
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