A new report notes that Yelp is courting potential buyers.
The San Francisco company, founded in 2004, could be worth $3.5 billion if sold, according to The Wall Street Journal. That's half a billion more than what Business Insider called Yelp's current market cap.
Less valuable and included in any sale of Yelp would be its legacy of lawsuits and inquiries. Though ultimately dismissed, the company has faced multiple extortion suits as well as an investigation by the Federal Trade Commission.
Yelp shares soar amid reports of possible sale » http://t.co/ws9ckdyiTk https://t.co/rFARQKVoRk — CNBC (@CNBC) May 7, 2015
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