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Yahoo nears $1.4B deal to sell AOL to Italy’s Bending Spoons, pending confirmation.
Yahoo is in advanced talks to sell AOL to Italy’s Bending Spoons for about $1.4 billion, a move that could mark a major turnaround for the once-dominant internet pioneer.
The deal, which remains unconfirmed and could still fall through, would see Bending Spoons, known for apps like WeTransfer and Evernote, expand its digital portfolio.
AOL, currently owned by Apollo Global Management, has seen a 20% year-over-year traffic rise among key demographics, driven by new content in health, tech, true crime, and local news.
The acquisition would add AOL’s audience and assets to Bending Spoons’ ecosystem, which serves 300 million monthly users.
No official statements have been made by the parties involved.
Yahoo se acerca a un acuerdo de $1.4B para vender AOL a las cucharas de flexión de Italia, pendiente de confirmación.