1. Groupon IPO Exceeds Expectations
... companies in their area, finally sold its initial public offering to select investors. Although many industry analysts thought the shares would go for anywhere between $16 and $18 a share, the first IPOs were sold for $20, surprisingly greater amount. Groupon was valued at $13.3 billion by the IPO and raised $700 million. Groupon initially announced in its ... first filings with the SEC that it hoped to raise $479 million by selling stock at $17 per share with a maximum of $552 million if the company also sold its 4.5 million ... ...
- Word Count: 1047
- Approx Pages: 4
- Has Bibliography