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Why did Groupon.com said no to Googles 6 billion dollar offer

by Guest7977  |  12 years, 8 month(s) ago

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Why did Groupon.com said no to Googles 6 billion dollar offer?

 Tags: billion, Dollar, Googles, Groupon.com, offer

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  1. Guest360
    Groupon said no to google deal for number of reasons:

    1. anti-trust -  Groupon board thought they would attract authorities to look at the deal closely before giving the go ahead which could have taken long
    2. Groupon wanted a very large break up fee if the deal didn't go through which is why google board walked away
    3. Groupon never expected the deal to get done and without the break up fee it would have wasted lots of time

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