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Illustration: Aïda Amer/Axios. Stock: Getty Images

Bending Spoons, an Italian holding company that buys and seeks to revitalize digital businesses, raised $1.7 billion in its IPO and will list Wednesday on the Nasdaq under ticker symbol "BSP."

Why it matters: AOL is part of a public company again. So is Eventbrite. And Vimeo. And a bunch of other legacy tech brands.