Google in Talks to Buy Groupon: Report

Google is in talks acquire popular retail deal site Groupon, according to a report from the Wall Street Journal Friday.

Groupon, which was launched in November 2008 and is reportedly raking in nearly $50 million a month in revenue, was one of the first sites to offer online consumers the option to rally together to purchase products and other services at fire-sale rates.

This isn't the first time Groupon has been courted—talks for a purchase by Yahoo [YHOO 16.57 -0.42 (-2.47%) ] ended earlier this year with no deal. However, sources told the Journal that Google [GOOG 590.83 -5.73 (-0.96%) ]may be interested in paying well above the $2 billion to $3 billion reportedly offered by Yahoo.

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