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Chitown based Groupon says no to Google's $6 bil

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Chitown based Groupon says no to Google's $6 bil

Postby Charles » Fri Dec 03, 2010 9:13 pm

Groupon.jpg

Groupon rejects $6 billion offer from Google

Chicago-based Internet darling to remain independent, according to reports

Groupon Inc., the two-year-old online coupon company, unexpectedly turned down a reported $6 billion offer from Internet giant Google Inc. on Friday, according to multiple reports.

The Chicago-based Groupon will remain privately held and may pursue an initial public offering in 2011, according to the Chicago Tribune.

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