Groupon turns down Google bid (what about Yahoo?)

The Wall Street Journal reports today that Groupon turned down a 5,3 billion dollar bid from Google for the company. Groupon who bought German look-a-like company Citydeal this year, wants to stay independent. According to sources the directors at Groupon left the meetings, because they disagree with the plans from Google with the company.

Last month Groupon signed a agreement with Yahoo, about the distribution of Groupon Deals. Groupon allso is thinking about a own listing at the stock exchange.

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