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Can Yelp and Groupon Strike a Deal to Merge?

As Yelp (YELP) and Groupon (GRPN) face increasing competition in local marketplaces from large rivals such as Facebook (FB) and Alphabet's (GOOGL) Google, Wedbush Securities analyst Aaron Turner suggests the review site and the online deal marketer should combine.

Each would help the other accomplish its growth plans, Turner explained.

"Groupon is trying to be a part of their users' daily lives, which Yelp already is for millions of users," he said. "Yelp is...