The Traderszone Network

Published in TZ Latest News 2 July, 2015 by The TZ Newswire Staff

Yelp temporarily decides not to pursue a sale: Bloomberg

The company has had several interested suitors after which it hired Goldman Sachs Group Inc (GS.N) to help find a buyer, Bloomberg said on Thursday. Yelp had a market capitalization of about $3.2 billion as of Wednesday’s close. Yelp may pursue a sale again if Chief Executive Officer Jeremy Stoppelman changes his mind, Bloomberg said.