Tuesday, November 30, 2010

Google to acquire Groupon for $6 billion

Search Engine giant Google is all set to acquire Groupon, the pioneering online discounter, for as much as $6 billion, people with direct knowledge of the matter said. A deal, in the $5 billion to $6 billion range, could be struck as soon as this week, these people said, cautioning that the talks still could fall apart. 

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