1. Groupon IPO Exceeds Expectations
... 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 in over-allotment shares. However, Mason did not disclose what he intended ... in the footsteps of another Internet company, LinkedIn, who sold less than 10 per...
- Word Count: 1047
- Approx Pages: 4
- Has Bibliography