Report: Groupon will tap Goldman, Morgan Stanley for IPO

04/14/2011 | Wall Street Journal, The · Reuters

Social-commerce site Groupon will select investment banks Goldman Sachs and Morgan Stanley to underwrite its initial public offering, which is expected later this year. Groupon, which rejected a $6 billion acquisition bid from Google, is expected to achieve a valuation of between $15 billion and $20 billion with its stock offering.

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Wall Street Journal, The · Reuters

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