Blankfein Visits Groupon Inc to Pitch IPO Sale

Bloomberg reports that Goldman Sachs Group Inc. (GS) Chief Executive Officer Lloyd Blankfein visited the Chicago headquarters of Groupon Inc. today to pitch executives on hiring his firm for a possible share sale this year. Blankfein’s visit reflects the rising interest in working with Groupon, a two-year old company that rebuffed a $6 bln takeover offer from Google Inc. (GOOG) last month and this week announced a round of funding said to value it at $4.75 bln. The startup now is considering an IPO that may value it at $15 bln, people familiar with the matter told Bberg news.

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