I've had an interesting few days trying to track down exactly what is and isn't going on with Yahoo and Groupon. One source earlier this week said that a $1.7 billion acquisition was all but done, but Groupon's management team balked and killed the deal. That's certainly juicy and consistent with Yahoo's failure to acquire Yelp and Foursquare. Another source close to Yahoo said much the same thing, but suggested the price was higher, well north of $2 billion. And yet another source said that Yahoo offered a price so high that Groupon had to take it seriously. But ultimately a deal never happened.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/JHL5aIE674Y/
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