Eugene David ...The One-Minute Pundit |
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Thursday, March 17, 2011
BLOOMY SELLS IT!
Groupon Inc. has held talks with banks about an initial public offering that would value the online-coupon company at as much as $25 billion, according to two people with knowledge of the discussions. The two-year-old startup’s IPO may happen this year and is unlikely to assign Groupon a valuation of less than $15 billion, according to the people, Bloomberg Businessweek reports in its March 21 edition. They asked not to be identified because the talks were PRIVATE!!!!! (Private overemphasis added)
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