Groupon Could Potentially Go Public in 2011

Groupon, the social buying site that spurned a $6 billion takeover bid from Google (GOOG) earlier this month, has attracted several big institutional investors as it works to potentially go public in 2011, people briefed on the matter told DealBook on Wednesday. The red-hot startup is negotiating financing commitments from Fidelity Investments, T. Rowe Price (TROW) and Morgan Stanley (MS), these people said. – The NYT

Be the first to comment

Leave a Reply

Your email address will not be published.