Groupon Google Deal OFF: Groupon Rejects Offer, Sources Say

Dec 4, 2010 - 21:07
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Groupon Google Deal OFF: Groupon Rejects Offer, Sources Say

Chicago-based Groupon Inc. has tued down an acquisition offer from Google Inc. and is staying independent, two sources with direct knowledge of the situation said Friday.

The two companies had been engaged in talks, with speculation about the marriage reaching a fever pitch over the last week. Mountain View, Calif.-based Google reportedly had offered between $5 billion and $6 billion for the daily deal start-up.

Read the whole story: Chicago Breaking Business

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Mike Gallagher Freelance writer with a passion for travelling