Groupon eyes IPO by end of 2011
Groupon eyes IPO by end of 2011
Groupon eyes IPO by end of 2011
BANGALORE | Thu Dec 30, 2010 3:17pm EST
(Reuters) - Online discount coupon provider Groupon Inc is working toward a potential public offering of its common shares by the end of 2011, the New York Times said, citing people briefed on the matter.
Groupon, the fast-growing online coupon seller, said on Tuesday it has been authorized to raise up to $950 million in what would be the biggest round of equity financing by any company since Pixar in 1995.
The company said in a filing with the state of Delaware that it intended to sell shares at $31.59 each.
http://www.reuters.com/article/idUSTRE6BT0XN20101230
BANGALORE | Thu Dec 30, 2010 3:17pm EST
(Reuters) - Online discount coupon provider Groupon Inc is working toward a potential public offering of its common shares by the end of 2011, the New York Times said, citing people briefed on the matter.
Groupon, the fast-growing online coupon seller, said on Tuesday it has been authorized to raise up to $950 million in what would be the biggest round of equity financing by any company since Pixar in 1995.
The company said in a filing with the state of Delaware that it intended to sell shares at $31.59 each.
http://www.reuters.com/article/idUSTRE6BT0XN20101230
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