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Google closing in on their biggest acquisition yet...Groupon

Posted on 11/30/10 at 12:45 pm
Posted by The Egg
Houston, TX
Member since Dec 2004
79875 posts
Posted on 11/30/10 at 12:45 pm
for $6B.

LINK
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 11/30/10 at 12:54 pm to
Groupon is the greatest business story in the history of US finance. It was just 2 months ago that I was reading they were the fastest company to a billion of all time and now here they are selling for $6B.

Posted by Monkey
Colorado
Member since Jan 2007
4172 posts
Posted on 11/30/10 at 1:00 pm to
its a good buy. the issue I think is the barriers to entry for competitors is very low. Although Google has great channels to deliver the "deals" to it.

Nice tie up IMHO, although $6B seems pretty steep purchase price
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