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Saturday
Nov202010

Reuters : Groupon Inc is considering selling itself to Google

Reuters reports:

E-commerce coupon site Groupon Inc is considering selling itself to Google Inc., according to media reports on Friday.

The two are in discussions about an acquisition for more than $3 billion, reported the technology blog AllThingsD, citing anonymous sources, on Friday.

However, according to the article, Google declined to comment:

A Google spokesman said the company does not comment on rumors or speculation.

And Groupon has no publicly announced intentions to sell, according to the same Reuters article:

"There is nothing for us to comment on. These are just rumors," said Groupon spokeswoman Julie Mossler.

Read complete article

 

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