The Google-Groupon Deal Is Reportedly Dead

Cemetery

Discussions between Google (NSDQ: GOOG) and Groupon have apparently broken off, according to various reports, and the daily deals startup is now expected to instead look for another round of funding and then presumably pursue an IPO. AllThingsD cites a source who says “it’s as over as these things get.” Chicago Breaking Business, which first reported the news, says Groupon will decide whether or not to go public next year. The deal was widely considered to be — almost — a done deal as recently as yesterday.

loading

Comments have been disabled for this post