The Wall Street Journal has quoted unnamed sources close to the negotiations as saying that the Groupon board will meet today to discuss Google’s offer, which is thought to be worth anything between $2.5 billion to $6 billion. Neither Groupon nor Google have commented officially on whether or not discussions are taking place, but Silicon Valley is abuzz with rumours about a possible deal. Sources told the Wall Street Journal that the Google offer was “a big number”, but declined to comment further. The source also said that there was “a lot of debate going on” internally at the discount website about the company’s next move, with some board members also suggesting Groupon consider an initial public offering rather than selling to Google. |
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