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In October 2010, Yahoo was rumored to have offered over $3 billion to acquire Groupon. On November 30, 2010, it was reported that Google offered $5.3 billion with a $700 million earnout to acquire Groupon and was rejected on December 3, 2010.
The Wall Street Journal says Groupon is “projecting that the company is on pace to make $1 billion in sales faster than any other business, ever”.
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