Acquisition Rumors Link Google, Groupon

Google said to top Yahoo's $3 billion offer

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Daily deals site Groupon might soon become the property of another company whose name starts with "G" and contains a couple "o"s, according to a new report.  Supposedly Google (the company in question, if you couldn’t guess) is willing to write a pretty big check, too.

Kara Swisher reported earlier this morning, "According to multiple sources close to the situation, Google is in discussions with local deals powerhouse Groupon about buying it. . . .  [S]ources said the price being considered is certainly no discount – well above the $2 billion to $3 billion that Yahoo offered Groupon in acquisition talks that took place earlier this year."

GoogleThe idea of an increased bid seems reasonable, since the Yahoo discussions obviously didn’t work out.  Also, Google had $33.4 billion in cash, cash equivalents, and marketable securities just sitting around as of September 30th, so the company can afford to pay a little more.

As for the deal itself, it makes a degree of sense, as well.  Saving money has become a popular activity, and Groupon is among the top players in the field.  Its ties to Facebook and Twitter, along with its mobile presence, then add additional value.

Still, Swisher noted, "But there is one major issue in a possible Google purchase of Groupon: Even more regulatory scrutiny by the federal government over its power online."

Acquisition Rumors Link Google, Groupon
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  • http://www.dailydealpool.com Guest

    Groupon is a great way to find huge discounts on everyday products and services, so it isn’t surprising that companies like Google are interested in them.

    A site you can use to find all the best daily deals and sales in your area without having to search through all these money-saving websites is http://www.dailydealpool.com. They’ll email you a list of the best buys in your area, ensuring you don’t miss out AND that you won’t have to endlessly search the web!

  • http://www.armanihair.com salon

    This is what I like about dougs posts, he always brings in great information. I havent even heard of Groupon until now.

  • Guest

    Yet again, Google want to own anything that they can use. It really disappoints me that any web service of value always ends up being owned by either one of a few.

  • Pj

    Incredible. I should have acted on
    launching my coupon biz 4 years ago google is onto
    something specially with the local foothold that
    group on has an interesting one to watch.
    Remember the more advertisers the merrier

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