WSJ News Exclusive | Groupon Said to Be Pursuing Acquisition as Business Faces Pressure From Investors

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Groupon is said to be pursuing acquisition as it faces pressure from investors, and the target could be Yelp, according to people familiar with the matter

Daily-deals company Groupon Inc. is pursuing an acquisition amid discontent among shareholders about the firm’s financial performance and stock price, people familiar with the matter say.

“It is reasonable to conclude that a relatively large acquisition by Groupon is forthcoming,” said Robert Chapman, founder of California investment firm Chapman Capital LLC, which had been building a stake in Groupon in recent weeks.

 

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Groupon acquiring yelp! Hilarious, both a failure, that would be the end of Groupon, Yelp’s almost finished, peope turned away from yelp knowing darn well reviews Manipulated for money, thanks to the dummy stoppleman. He killed yelp & now walking out. Feel sorry for Shareholders.

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