
AOLs owner, Bending Spoons, hits Wall Street with $1.7 billion IPO
NEW YORK (AP) — 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 of trading under the symbol “BSP” on the Nasdaq, giving it a market value of $25. 2 billion. Among the company's well-known holdings are the event creation and ticketing company...
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