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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

December 3, 2010 at 4:52 PM

Report: Groupon rejects Google’s $6 billion, aims for IPO

Widevine is Google’s consolation prize, apparently.

The Chicago Tribune is reporting that Groupon has rejected Google’s offer to buy the local-advertising company for reportedly up to $6 billion. A series of anonymously sourced stories about the purported deal held the attention of the tech press over the past week, but neither company ever publicly confirmed anything.

Citing “two sources with direct knowledge of the situation,” the Tribune is reporting that Groupon turned down the offers and will decide in 2011 whether to go public.

Maybe Google should just start buying newspapers if it wants their local advertising business so much.

Comments | Topics: Google

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