Sunday, February 7, 2010

Reported that Yelp had refused to Microsoft's acquisition of 700 million U.S. dollars

Recently, Yelp rejected Google 5.5 billion acquisition of another message claimed, Yelp has also rejected Microsoft's acquisition of 700 million U.S. dollars.

According to "Business Week" report, Yelp has received, "Microsoft's acquisition of 700 million U.S. dollars." Yelp may refuse to purchase, just want their own IPO.

Yelp CEO Jeremy Stoppelman for refusal explains: "Yelp can choose to become a great Internet brands in ... ... This is my life is also an opportunity."

By the end of 2009, Google and Yelp's acquisition negotiations have entered the final phase of the two sides also identified about 550 million U.S. dollars in price. However, a sudden last-minute Yelp inform Google, do not agree with the former signed the acquisition agreement. As for Yelp why is it suddenly abandoned the deal is still unknown.

On Yelp are interested in including Yahoo, Yahoo CEO Carol Bartz showing interest in acquisition of Yelp. Butts In response to whether they intend to acquire Yahoo, Yelp's question, said she was on strengthening Yahoo's local content is very interested in, "local content is extremely important place for human consumption is usually located in a family as the center of the circle with a radius of no more than 5 miles ( approximately 8 km) and within. "

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