Investors think Groupon is a great deal

Groupon’s latest offer has been taken up to the tune of $700 million. But it’s not cheap meals or low-cost luxury goods for sale: instead it’s stock in Groupon itself. The $700 million comes from 35 million shares prices at $20. The company had planned to issue 30 million at around the $17 mark but [...]


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Source: http://tech.blorge.com/Structure:/2011/11/04/investors-think-groupon-is-a-great-deal/

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