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Yelp rival, ReachLocal, Files for an IPO

Lately, the market for local online advertising has heated up. Based on various reports, it looks like Google (GOOG) was ready to pay $550 million for Yelp, which is a leader in the space. But the deal fell to pieces -- probably because of a disagreement on the valuation.

This definitely bodes well for another player, ReachLocal. In fact, this week the company filed to go public.

Continue reading Yelp rival, ReachLocal, Files for an IPO

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Last updated: May 27, 2012: 11:26 AM

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