YELP stock is a big mover in the market as it emerged that it is a potential acquisition target for Groupon Inc (NASDAQ:GRPN). The Wall Street Journal reports that Groupon management is plotting a major acquisition for Yelp Inc (NYSE:YELP) as a way of quashing unrest among high profile investors.
Groupon-Yelp MergerActivist investors are increasingly pushing Groupon to complete a major acquisition as a way of boosting its value. While some have been pushing for stock buybacks, others believe a major acquisition will strengthen the company’s core business as well as its presence online. Robert ...
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