With Yelp Reportedly Considering Sale, Stock Pops 25%

May 7, 2015 7:01 PM

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Following a report that Yelp is exploring a possible sale, the company's stock jumped 25%.

The Journal estimates a deal for the reviews platform would likely be more than $3.5 billion; the company's market capitalization is around $2.9 billion. Citing people with knowledge of the matter, the Journal's report indicates Yelp has been in talks with investment bankers and prospective buyers—t...

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