Google sells DailyDeal back to founders
25 Feb 2013
If anyone still lived under the illusion that all was well in the world of the daily deal, then this news will wake him up: Google withdrew from Germany’s daily-deal market last week.
The majority stake it had acquired in German-born DailyDeal.de for $114 million in Sept. 2011 was sold back to the co-founders Fabian and Ferry Heilemann (photo) for an undisclosed amount. The brothers said they w