The Yelp buyout will supposedly be for at least $500 million.
Purchasing Yelp is a move that would make sense for Google, which has been on a shopping spree lately building their own directory of local businesses with Place Pages. The giant recently acquired AdMob for $750 million and was in the running on the LaLa acquisition.
Shares of Google (Nasdaq: GOOG) were up $2.11, or .36 percent, to $596.05 in morning trading.
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