Google Considers Buying Groupon

Groupon is considering a potential takeover offer from Google, Bloomberg reports. Another option for the popular coupon site: a new round of fundraising that would value the company at over $3 billion. While Groupon is expanding--hiring nearly 150 employees each month and with sale estimates at $500 million this year—it still needs financial backing to grow. Meanwhile, Google CEO Eric Schmidt has been looking to purchase companies like Groupon ever since his acquisition of YouTube for $1.65 billion and DoubleClick for $3.2 billion.