Groupon's purchase by Google for $2.5 billion just a rumour, apparently
Is the will-they-or-won’t-they saga of Google buying Groupon over?
Vator.tv is reporting that it is: Groupon has been bought by Google for $2.5 billion.
Google has just purchased Groupon for $2.5 billion, according to an unnamed insider who spoke with VatorNews. Neither Google nor Groupon could be reached for comment to confirm the report, but Vator’s source is reliable and the report falls in line with the recent string of Groupon acquisition rumors.
I guess they found a good deal on the website.
Well, hold up: apparently it's not a done deal. At all. At least that's what Google told NBC:
Despite reports to the contrary, Google has not purchased Chicago-based coupon site, and Internet behemoth, Groupon for $2.5 billion.
Earlier Monday Vator.tv's Faith Moreno reported that a rumored deal between the companies was complete. Google, however, shot down the news.
"We don't comment on rumor or speculation," said Google Media Spokesman, Aaron Zamost.
He also added that it prohibited him "to confirm/deny/or provide a time frame" of when we could expect any information confirming or invalidating the rumors.
One thing to keep in mind is that just because the companies are both playing their cards close to their chests doesn’t mean that this deal won’t happen, or that it hasn’t even already happened, and the companies are waiting to reveal the news.
Stay tuned — tomorrow’s another day for rumours and speculation.
