Friday, November 19, 2010

Google reportedly in talks to buy Groupon for $3 billion

Google is in talks with to buy Groupon for more than $3 billion, AllThingsD reports, citing “multiple sources close to the situation.” The story says Yahoo offered to buy the local deals site earlier this year for $2 billion to $3 billion. The piece also noted that the talks might not result in a deal.

The story noted that there could be other buyers, and cited Microsoft (MSFT),Amazon (AMZN) and eBay (EBAY) as potential alternative bidders.

Both Google and Groupon have declined to comment.

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