SeoflexForum - Free Ad Forum - Post a FREE Ad - Business - SEO
FREE Website Submission
https://www.pingmylinks.com

Join the forum, it's quick and easy

SeoflexForum - Free Ad Forum - Post a FREE Ad - Business - SEO
FREE Website Submission
https://www.pingmylinks.com
SeoflexForum - Free Ad Forum - Post a FREE Ad - Business - SEO
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Groupon files to raise up to $950 million

Go down

Groupon files to raise up to $950 million Empty Groupon files to raise up to $950 million

Post by NewsOnline Wed Dec 29, 2010 5:20 am

Groupon files to raise up to $950 million

Groupon files to raise up to $950 million Aa540f181f4863b115a4bac8da684a88

BOSTON | Wed Dec 29, 2010 4:32am EST

(Reuters) - Groupon Inc, the fast-growing online coupon seller, 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 filing with the state of Delaware that it intended to sell shares at $31.59 each.

That price would value Groupon at between $6.4 billion and $7.8 billion, depending on the number of shares issued, according to VC Experts, a research firm that specializes in providing data on private companies.

Groupon, with annual revenue said to range from $500 million to $2 billion, sends members daily e-mails with steeply discounted deals from local merchants. The deals are activated when a certain number of people agree to make a purchase.

http://www.reuters.com/article/idUSTRE6BR3XD20101229
NewsOnline
NewsOnline

Posts : 853
Points : 7306
Reputation : 0
Join date : 2010-08-12

http://forum.seoflexforum.com

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum