Groupon Walks Away From Google’s $5B Offer

Chicago-based Groupon Inc. has turned down an acquisition offer from Google Inc. (GOOG) and is staying independent, two sources with direct knowledge of the situation said Friday. Google reportedly had offered between $5 – $6B for the daily deal startup. Groupon still may choose to pursue an IPO but will not make a decision about going public until 2011, a source said. – Chicago Tribune

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