M & A wrap: Buying Groupon today?
Groupon raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google raised $1.7 billion in 2004. The Daily Beast lays out the case for not buying Groupon shares today.
Olympus replaced its auditor in 2009 after a disagreement over how to account for several acquisitions, but it decided not to reveal the dispute to investors, an internal document shows.
“The private equity firm TPG Capital has signed a nondisclosure agreement with Yahoo, making it one of the first potential suitors to begin formal due diligence work on the company, which is weighing a sale,” DealBook reports.