M & A wrap: Groupon’s got a deal for you

October 19, 2011

Groupon is planning to launch a roadshow for its initial public offering next week, on Monday or Tuesday, three sources familiar with the situation said.

Nasdaq expects between 15 and 20 more U.S. initial public offerings before the end of the year, a top executive at the company told Reuters. The company had initially foreseen as many as 120 IPOs in 2011, but the final tally for the year could come at 80 percent of that because of volatility in global markets.

Abbott Laboratories said it will split into two publicly traded companies. The move may increase pressure on other diversified healthcare companies to examine potential break ups. The New York Times examines the split.

“The overall trend is that of M.&A. rushing toward a cliff. Companies that might have pulled the trigger on an acquisition will instead spend their cash on dividends and stock buybacks,” writes the NYT’s Deal Professor.

Forbes profiles Dropbox and its co-founder and CEO Drew Houston.

“The U.S. Justice Department is bringing in an outside trial lawyer for its lawsuit against AT&T’s acquisition of T-Mobile USA,” Bloomberg reports.


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