The consolidation of media takes odd turns. The latest is that Yelp, the internet review site, has turned down $500 million to be acquired by Google. First read about on Tech Crunch here.
The natural question is why? The juicy part that starts now is the speculation that there must be a better offer, since no one turns down $500 million without a better offer, except maybe Arthur Bach.
With consolidation, and emerging technologies that can't seem to find a foothold (Bing), the $500 million options don't appear so farfetched. Other potential partners could be Apple or even Yahoo!
We'll wait and see here.
Whew!!!!, what an offer here...yeah, you're right there must be another offer coming from a big company,and that's what what we'll gonna find out, what company it is...
Posted by: Shaving Sets | July 31, 2011 at 02:08 PM