Overview
- The companies announced an agreement on Oct. 29, with completion expected by the end of 2025 subject to customary closing conditions and approvals.
- Financial terms were not disclosed, though multiple outlets report a valuation of roughly $1.4–$1.5 billion.
- Bending Spoons secured a $2.8 billion debt package to fund the purchase and support additional M&A activity.
- AOL counts about 8 million daily and 30 million monthly active users, with Wall Street Journal–cited figures of more than $500 million in revenue and around $400 million in annual EBITDA.
- Yahoo’s leadership says the sale will sharpen its focus on core products, as Bending Spoons positions itself as a long‑term owner after acquisitions including Evernote, Meetup, Brightcove, WeTransfer and a pending Vimeo deal.