http://thenextweb.com/google/2010/11/29/rumor-has-google-already-bought-groupon-for-2-5-billion/

blogoscoped.com/forum/175828.html

The deal's not done yet, but it appears to be close...

<< According to sources close to the situation, Google has offered $5.3 billion (with an additional $700 million earnout) for Groupon, in what would be its largest acquisition yet, if completed. >>

http://kara.allthingsd.com/20101129/googles-groupon-offer-5-3-billion-with-700-million-earnout/

The older thread erroneouysly says 'Google bought'...

What is the current state this week?

See here: http://blogoscoped.com/forum/175828.html#id175946

mbegin: thanks!!