Groupon To Sell 30M Shares At $16-$18 A Pop, Valuation As Much As $11.4B

And so it begins. Groupon this morning published the expected price range of its shares in an upcoming initial public offering to the SEC. The daily deals company plans to sell 30 million shares at $16 to $18 per common stock, which would see Groupon raise between $480 million and $540 million. This would give Groupon a valuation as high as $11.4 billion.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/iDppOwoPK4E/

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