Google Offered Groupon $5.75 Billion AND An $800 Million Break-Up Fee

grouponThese Groupon employees could have been Googlers by now

It’s always been reported that Google offered $6 billion to buy Groupon.Actually, the price was $5.75 billion.

That’s according to our story: INSIDE GROUPON: The Truth About The World’s Most Controversial Company.

What’s crazier than that huge figure, though, is how much Google offered to pay Groupon if the deal fell apart – a whopping $800 million.

Sources tell us Groupon turned down the deal because board members and executives felt like $800 million was not enough cash to recoup the value Groupon would lose if the merger were to fail anti-trust review.

All that said? Groupon probably would have accepted a $7.5 billion offer, sources say. Groupon is expected to IPO at a market cap above $10 billion sometime in the next week or two.

More here: INSIDE GROUPON: The Truth About The World’s Most Controversial Company.

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