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Nov 3, 2011

Groupon set to price closely watched IPO

Nov 3 (Reuters) – Groupon Inc is set to price one of the
year’s most closely watched initial public offerings late
Thursday, to strong demand for the scaled-back stock market
debut of the largest daily deal company.

Chief Executive Andrew Mason and his executive team have
spent almost two weeks on the road pitching to investors and
addressing criticism about a replicable business model, slowing
growth and accounting concerns.

Nov 3, 2011

Exclusive: Groupon IPO may price above range

By Alistair Barr and Clare Baldwin

(Reuters) – Groupon Inc is poised to price its IPO $1 to $2 above its current range, responding to stronger than anticipated demand for the biggest U.S. initial public offering in months, three buyside sources said.

Groupon Chief Executive Officer Andrew Mason and his executive team have spent the past week-and-a-half on the road, pitching to investors and addressing criticism about an easily replicable business model, slowing growth and other concerns.

Nov 2, 2011

Exclusive: Groupon IPO may be $1-$2 above range

By Alistair Barr and Clare Baldwin

(Reuters) – Groupon Inc could price its initial public offering above the current range of $16 to $18 a share, according to three investors who said they spoke with lead underwriters on Wednesday, after demand was stronger than expected for the market’s biggest IPO in months.

Books closed on Wednesday afternoon. The IPO is scheduled to price late Thursday and the 30 million shares are due to begin trading Friday on Nasdaq under the ticker GRPN.

Oct 29, 2011

Groupon mulls raising IPO price

NEW YORK/SAN FRANCISCO (Reuters) – Groupon Inc is considering raising its IPO price range, as underwriters grow more confident about demand after completing the East Coast leg of a two-week roadshow to woo investors.

One of the most closely watched initial public offerings of the year, Groupon had previously filed with regulators to sell 30 million shares at $16 to $18 apiece, scaling back its aspirations amid weak market conditions and uncertainties over its long-term business outlook.

Oct 29, 2011

Groupon mulls raising IPO price, NY show wraps up

NEW YORK/SAN FRANCISCO, Oct 28 (Reuters) – Groupon Inc is
considering raising its IPO price range, as underwriters grow
more confident about demand after completing the East Coast leg
of a two-week roadshow to woo investors.

One of the most closely watched initial public offerings of
the year, Groupon had previously filed with regulators to sell
30 million shares at $16 to $18 apiece, scaling back its
aspirations amid weak market conditions and uncertainties over
its long-term business outlook.

Oct 26, 2011

China expected to spurn Europe’s bailout fund

HONG KONG/NEW YORK (Reuters)- China is expected to steer clear of Europe’s bailout fund and its investment vehicles as regulators and politicians scramble to pull together a plan aimed at expanding the debt clean-up.

Instead it will continue to focus on specific countries and on specific assets in Europe, attaching diplomatic strings wherever possible and heeding the call from within its borders to be careful of wading too deeply into the euro zone mess.

Oct 26, 2011

Analysis: China expected to spurn Europe’s bailout fund

HONG KONG/NEW YORK (Reuters)- China is expected to steer clear of Europe’s bailout fund and its investment vehicles as regulators and politicians scramble to pull together a plan aimed at expanding the debt clean-up.

Instead it will continue to focus on specific countries and on specific assets in Europe, attaching diplomatic strings wherever possible and heeding the call from within its borders to be careful of wading too deeply into the euro zone mess.

Oct 24, 2011

IPO View: Groupon could find IPO a tough sale

NEW YORK/SAN FRANCISCO (Reuters) – Groupon Inc faces its toughest sales pitch this week week when the daily deals website launches a roadshow to persuade investors to buy shares in its initial public offering.

Even after scaling back the issue and cutting the company’s valuation in half, the IPO may struggle. Aside from recent regulatory and operational bumps, investors and analysts are troubled by Groupon’s business model.

Oct 21, 2011

Groupon could find IPO a tough sale

NEW YORK/SAN FRANCISCO, Oct 21 (Reuters) – Groupon Inc
faces its toughest sales pitch next week when the daily deals
website launches a roadshow to persuade investors to buy shares
in its initial public offering.

Even after scaling back the issue and cutting the company’s
valuation in half, the IPO may struggle. Aside from recent
regulatory and operational bumps, investors and analysts are
troubled by Groupon’s business model.

Oct 21, 2011

Groupon’s scaled back IPO to raise up to $540 million

By Alistair Barr and Clare Baldwin

(Reuters) – Groupon Inc plans to raise as much as $540 million in an initial public offering, less than previously planned, as the daily deals website grapples with a weak equities market, executive departures and questions about its accounting and business model.

The company aims to sell 30 million shares, or less than 5 percent of the company, at between $16 and $18 each, according to a regulatory filing on Friday.

    • About Clare

      "I am based in New York and write about IPOs and wealth management. I was formerly based in San Francisco, where I wrote about tech companies."
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