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AOL's owner, Bending Spoons, hits Wall Street with $1.7 billion IPO

AOL's owner, Bending Spoons, hits Wall Street with $1.7 billion IPO
Photo: KPRC 2 / Click2Houston (NBC) · view original

The owner of AOL and other tech businesses hit Wall Street with a $1.7 billion initial public offering Wednesday.Bending Spoons priced 58 million shares at $29 apiece. The company is getting $1 billion in proceeds, while the rest is going to shareholders. The stock surged 39.7% in its first day o...

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