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by nakor 5181 days ago
I'm not sure if they actually could have sold the company to google even if they wanted to. My understanding is that you must open your books to the prospective buyer after a certain stage and it is likely that once the google accountants had a look at Groupons books the deal would have fallen through.

That could have created negative press and damaged their pump-and-dump strategy for the IPO.

1 comments

Excellent point.