Groupon Said to Reject Google’s Offer

Groupon has walked away from Google’s $6 billion takeover offer. The rejection at least temporarily thwarts Google’s efforts to buy the social buying site, which would have been its largest acquisition to date. Options for Groupon include the possibility of staying independent but securing a significant investment, as its rival LivingSocial did by accepting $175 million from Amazon this week. Groupon’s chief executive and founder, Andrew Mason, has also expressed his interest in taking the company public with a share offering.