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Yelp Sale Process to Stall as Founder Decides to Wait

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Yelp Founder Said to Temporarily Stall Sales Process

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Yelp Inc., which hired Goldman Sachs Group Inc. to find a buyer, has temporarily decided not to pursue a sale, people with knowledge of the matter said.

The consumer-review website has had several interested suitors but isn’t pursuing a transaction in the immediate future, the people said, asking not to be identified because the information is private. San Francisco-based Yelp may pursue a deal again if co-founder and Chief Executive Officer Jeremy Stoppelman changes his mind, one of the people said.