Report: Groupon Declines Google Offer
CHICAGO (CBS) — Six billion dollars is a lot of money, but apparently not enough for Google to buy Groupon.
The long-rumored acquisition is off, according to the Chicago Tribune, which cited sources familiar with the proposal.
Chicago-based Groupon, an online coupon company, offers daily deals to its members on anything from skydiving to restaurants. And Google, of course, is a lot more than just a dominant search engine.
Now there’s talk that Groupon may go public with a stock offering.