Retail News

Groupon Approved to Go it Alone with $950 Million in Equity Financing

The Street 12/29/2010

Having spurned Google with its recent $6 billion buyout offer, Groupon has reportedly filed in the state of Delaware and was granted permission to raise up to $950 million in equity financing in private stakes that would be automatically converted to common shares should the company go through an IPO in the future.

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