Google’s $6 billion bid for Groupon, an online coupon start-up, is an aggressive move by the company to dominate local online advertising and help with its long-sought move into social networking. Google has offered Groupon $5.3 billion, with the promise of $700 million in performance bonuses for management, according to a person knowledgeable about the [...]
Andrew Harrer/Bloomberg News 10:29 a.m. | Updated Groupon, the social buying site in talks to be acquired by Google, is getting larger. The company announced on Tuesday that it would acquire Ludic Labs, a marketing services start-up based in San Mateo, Calif. Terms of the deal were not disclosed. Ludic Labs is known for developing [...]
Ryan Anson/Agence France-Presse — Getty Images Google is near a deal to acquire Groupon, the pioneering online discounter, for as much as $6 billion, people with direct knowledge of the matter told DealBook on Monday. A deal, in the $5 billion to $6 billion range, could be struck as soon as this week, these people [...]
Google is nearing a deal to buy an office building at 111 Eighth Ave. in Manhattan for a price close to $2 billion, The New York Post reported. Google is already a tenant in the 18-story building, which occupies a whole city block in the Chelsea district, the newspaper said. Its neighbors in the building [...]
The United States Justice Department is looking into Google’s takeover of airline ticketing software firm ITA Software, to determine whether the deal would exert too much influence on the online travel industry, Reuters said, citing a report in The Wall Street Journal. Google bought ITA Software, one of the Web’s key providers of airline travel [...]
3:37 p.m. | Updated Google has made another acquisition today, buying SocialDeck of Canada for an undisclosed price. Last September, Eric Schmidt, the chief executive of Google, said he expected that the search giant would be making roughly an acquisition a month. So what does Google’s deal scorecard look like? With this weekend’s acquisition of [...]
Twitter
Facebook