Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday October 19, 2011

Groupon Planning IPO Launch for Next Week

According to three sources "familiar with the situation" Groupon is planning to go public next week. I wonder if you can get a stock discount if we all group up. wink

Groupon, the largest daily deal company, is planning to launch a roadshow for its initial public offering next week, on Monday or Tuesday, three sources familiar with the situation said. The IPO is expected to value the Chicago-based company at over $10 billion, likely in the range of $11 billion to $12 billion, two of the sources said.