Why Groupon Said No To Google's $6 Billion

Why did Groupon's board and executives say no to Google?

How do you turn down hundreds of millions of dollars in personal wealth? The simple answer, of course, is by believing you are NOT saying "no" to hundreds of millions of dollars or a billion dollars, but are saying "yes" to billions of dollars. But there's also a more nuanced answer.

Confirming lots of speculation, a source close to Groupon board members said that anti-trust concerns ultimately forced Groupon to turn down Google's $6 billion offer. This source says the view on Groupon's board was that a Google-Groupon merger would draw more regulatory scrutiny than any other deal Google has ever done. That's saying a lot.