Bending Spoons, fresh off its AOL deal, gets valued at $11.7 billion
Sara FischerIllustration: Aïda Amer/AxiosBending Spoons, an Italian holding company that buys and seeks to revitalize tech brands like AOL, on Thursday announced a $710 million equity raise at an $11 billion pre-money valuation.Why it matters: The deal includes $270 million in primary capital that will be used to make further acquisitions, Bending Spoons CEO Luca Ferrari tells Axios. Zoom in: Bending Spoons sought to expand its cap table to include firms that could help quickly secure debt when ...
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