Groupon seeks funding after rebuffing Google

Posted Dec. 16, 2010 at 6:15 a.m.

From Bloomberg News | Chicago-based Groupon Inc. is seeking funding after rejecting a takeover offer from Google Inc., said three people familiar with the matter. The daily social media coupon Web site is looking to raise several hundred million dollars, one of the people said. Groupon may use the money to hire sales staff and retain its lead over coupon-site rivals. Get the full story>>

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