When Google (GOOG) offered to buy Groupon for $6 billion, board members stood to make millions of dollars each. Co-founders Brad Keywell and Eric Lefkofsky could have walked away with $2.4 billion between them.
So why did they say no?
The answer, it seems, is antitrust concerns. Groupon’s top brass thought Google’s offer could have drawn more scrutiny from regulators than any other deal the…
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Why Groupon Said ‘No’ to Google originally appeared on DailyFinance on Fri, 10 Dec 2010 06:30:00.
Filed Under: Company News, Technology, Google , Retail