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Google offers $5.3B plus $700M earnout for Groupon

Posted on November 30, 2010 by

Monday’s rumor that Groupon had been acquired by Google for $2.5 billion was dismissed by Boomtown, not necessarily because of the deal itself, but because of the (low) price. On Tuesday, Boomtown, which was first with the original Groupon acquisition story, said sources told them Google has offered $5.3 billion for Groupon.

Read the original post by International Herald Tribune

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