Tuesday, November 30, 2010

Google’s Groupon Offer: $5.3 Billion, With $700 Million Earnout | Kara Swisher | BoomTown | AllThingsD

Not bad for a company started in 2008

Sources said the deal for the social buying site seemed likely to be struck, even as early as tomorrow, although it certainly could fall apart right up to the end.

But, if done, it will move the search giant instantly to the top spot in local commerce online and give it huge troves of data about consumer buying habits and merchant information across the globe.

Combined with its pending $700 million acquisition of ITA Software, the travel data firm, that should freak out regulators worldwide and could be considered Google’s own version of a jobs plan for antitrust lawyers.

Google’s Groupon Offer: $5.3 Billion, With $700 Million Earnout | Kara Swisher | BoomTown | AllThingsD

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