M & A wrap: Groupon’s back on track
Groupon seeks to go public in October or November, people familiar with the matter told the New York Times, a week after the daily deals website put its IPO on hold for a few weeks as it waited to ride out global market turmoil.
Rather than wasting time and money with a costly takeover battle with Ralcorp and its strong takeover defenses, ConAgra may soon look at other deals in the private-label business, a source familiar with the situation said.
“A range of major players interested in acquiring all or a large piece of Yahoo have been prepping possible bids and have been in touch with the Internet giant’s board over the last several days,” reports AllThingD.
Facebook might go public, but it doesn’t need to, writes Dan Primack.
For your morning distraction, turns out the actor who played Darth Vader still has not received residuals from the 1983 film “Return of the Jedi” because the movie still has no technical profits to distribute. Can you hear the sound of Darth Vader’s breathing? He doesn’t sound happy.