First, Google’s acquisition of review site Yelp was being reported as a near certainty. Then, the deal stalled, and sources said Yelp balked after receiving a higher offer. And now, another source briefed on the negotiations told The New York Times‘ Bits that Google was the company that walked away from the deal. Got all that?
The source told Bits Google believed Yelp executives weren’t being “transparent,” and also implied that Google was upset that word of the deal was leaked to the press.