Yelp shares slipped 10 percent on Thursday afternoon amid reports the company’s sale process had stalled.
The online review company has, for the moment, decided not to pursue a sale after previously hiring Goldman Sachs to find a buyer, Bloomberg reported Thursday, citing sources. Yelp has received interest from potential suitors but will hold off on a sale for the “immediate future,” according to the report.
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This article originally appeared on Recode.net.
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