As reported by the Seattle Times

reported earlier this week, the deal for Groupee to buy the Crocodile has fallen through. From Groupee’s press statement:It has been widely reported that Groupee, Inc. was in the process of acquiring the Crocodile Cafe. We can confirm that we are very much interested in acquiring or launching ‘real-world’ spaces where music fans can interact. This is an integral part of our overall strategy of bringing fans closer to each other and to the artists that they admire. Groupee’s intended integration of the online world with the offline world is dependent on finding or developing venues that can enhance the lives of our users. While we cannot comment on any interest we may have had in acquiring the Crocodile Cafe, we are not currently pursuing the acquisition of that business.