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Groupon-Wrigley Rumors Not True?

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    NEWSLETTERS

    The Groupon co-founder said the week-long series of panels, workshops and discussions will feature big-name thinkers including Sandra Day O'Connor, Tim Westergren, Pablos Holman and lots more. (Published Wednesday, Aug 3, 2011)

    Well, Groupon's headquarters apparently won't be moving into the Wrigley Building after all.

    Brad Williams, a spokesman for Groupon, told the Associated Press Monday the Chicago-based daily deals company has no plans to buy the Michigan Avenue building.

    Over the weekend, Crain's Chicago Business reported Groupon's co-founders are in "advanced talks" to buy the iconic building following a July announcement that the William Wrigley Jr. would move its 250 remaining employees to Goose Island.

    Groupon's Brad Keywell and Eric Lefkofsky reportedly want to purchase the iconic building at 400-410 N. Michigan Ave. to relocate the deals site and create a new home for its portfolio of tech endeavors.

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    The Groupon co-founder said the week-long series of panels, workshops and discussions will feature big-name thinkers including Sandra Day O'Connor, Tim Westergren, Pablos Holman and lots more. (Published Wednesday, Aug 3, 2011)

    But Williams disputed this and said the company has plenty of space in its current building.

    Crain's pointed out the move could have symbolically signaled a sea change in the city's corporate arena, turning over one of Chicago's most well-known corners, once helmed by a 120-year-old mainstay, to a successful 3-year-old startup. It also would make Groupon more visible downtown.

    A Wrigley spokesman told the publication that no deal has been struck, and a Groupon spokesperson told Crain's he isn't aware of a deal.

    Groupon employs 7,000. Between 2,000 and 3,000 work in Chicago.