The Recruiting News
Groupon Turns Down $6 Billion Google Offer
(December 14, 2010) WHOA Nellie! Talk about an OFFER! Wow!
According to TechCrunch, Groupon just recently turned down a $6 billion (yes, BILLION ! ) acquisition offer from Google. Apparently, Groupon - the 2-year-old local deals company - was doing a lot more in revenue than was previously estimated. A lot more...as in they are tracking $2 billion for 2010!
This type of movement is just plain good for the economy. The fact that a 2-year-old company could have the moxy to turn down a $6 billion offer shows that we have a LOT to look forward to in 2011!
- OpenRec blogspot
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