clock menu more-arrow no yes

Filed under:

Rumor Dispelled: Groupon Not Taking Wrigley Building

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

As our intrepid Curbed Chicago Editor, Mark Boyer writes, this past weekend, rumor had it that Groupon was considering purchasing the 90-year-old (but not landmark protected!) Wrigley Building. Crain's first broke the story on Saturday, reporting that Groupon co-founders Brad Keywell and Eric Lefkofsky are in advanced talks to buy the ornate tower, which would become the new headquarters for Groupon, and it would also serve as an "incubator-type space for other tech startups they bankroll through their Lightbank investment fund," according to Crain's.

Obviously obsessed with the Groupon deal, Shira Ovide from Wall Street Journal pointed out earlier today that the co-founders Keywell and Lefkofsky may still be planning on purchasing the building for Lightbankhttp://blogs.wsj.com/deals/2011/08/22/groupon-isnt-moving-to-wrigley-building/ but are definitely not including Groupon in the plans.
· Crain's: Groupon in 'Advanced Talks' To Buy Wrigley Building [Curbed Chicago]

Photo by Flickr user Scott Meis

The Wrigley Building

400 N Michigan Ave, Chicago Il