Google is known for it’s growth via acquisition. Groupon would give Google access to a local advertising market. I think it would fit into the Google portfolio well.
http://dealbook.nytimes.com/2010/11/30/google-is-said-to-be-close-to-buying-groupon/?src=twrhp
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If Groupon sells its going to be for amazingly huge dollars (I think I heard 4 billion). It will be very interesting to see how this goes down.
Comment by Ryan G. — December 1, 2010 @ 1:49 pm |
Two years old and a 5 billion dollar offer, Groupon would be fools to say no. I like how they rejected Yahoo’s 2 billion dollar offer though.
Comment by Chris Arnold — December 1, 2010 @ 8:19 pm |