Groupon Planning IPO in Early November

Groupon has announced plans to go public the first week in November.  Although the Chicago-based deal giant had initially expected the IPO to be based on a $20 to $25 billion valuation, the projected valuation is now much lower. Groupon is planning to sell 30 million shares, which represent less than five percent of the company, at a price point of $16 to $18 per share

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Groupon Planning IPO in Early November

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