Google (NASDAQ:GOOG) May Purchase Deals Website Groupon

News is circulating today that Google is on the verge of purchasing daily deals website, Groupon, in a deal believed to be worth IRO $5-$6 Billion.

Rumours abound that Yahoo Inc. had been in the market for the local deals site with a bid of their own worth between $2 billion and $3 billion.

The price Google is to pay is widely being reported as $5.3 billion.

Google shares were down IRO 9 points on yesterday as markets opened this morning, though it is thought this is primarily due to an European Antitrust Investigation.


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