Google in talks to buy Yelp

NEW YORK – Google is in talks to acquire Yelp Inc, an Internet local search and review provider, according to published reports.

The companies have conducted talks in past years, but in recent months the discussions have become serious, the New York Times said, citing people with knowledge of the deal.

The paper said an acquisition price was likely to be more than $500 million cited by technology blog TechCrunch, which first reported the news….Read full story

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