Electronista

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updated 04:30 PM EST 01.04.13
Waze turned down Apple acquistion offer, report claims
Apple and Waze did in fact talk about a possible buyout, but Waze turned Apple down, Next Web sources say. Recently TechCrunch claimed that Apple was offering a total of $500 million for an acquisition, but that Waze was holding out for $750 million. The site quickly reversed course, saying that no serious talks had occurred.