Amidst everyone in the world writing about the rumored $5.3 billion dollar Google Groupon offer at the moment, The Wall Street Journal is reporting that the deal has not yet been sealed and that Groupon’s board of directors is holding a conference call tomorrow (Wednesday) to decide on whether or not they will accept Google’s offer.
According to the Journal’s sources, “there’s a lot of debate going on” over whether or not the deal will close and the startup might also be considering an IPO as an alternative to acquisition.
In the meantime, at least one Googler seems to be overexcited about her company’s prospects. Here is Debbie Leight, Product Marketing Manager at Google, recommending Groupon to her friends on Facebook earlier today.
Google provides search and advertising services, which together aim to organize and monetize the world’s information. In addition to its dominant search engine, it offers a plethora of online tools and platforms including: Gmail, Maps and YouTube. Most of its Web-based products are free, funded by Google’s highly integrated online advertising platforms AdWords and AdSense. Google promotes the idea that advertising should be highly targeted and relevant to users thus providing them with a rich source of information....
Groupon features a daily deal on the best stuff to do, see, eat, and buy in more than 565 cities around the world. By promising businesses a minimum number of customers, Groupon can offer deals that aren’t available elsewhere. Groupon brings buyers and sellers together in a fun and collaborative way that offers the consumer an unbeatable deal, and businesses a large number of new customers. To date, it has saved consumers more than $300 million and claims it...
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