Dec. 30, 2010 at 2:05 p.m.
Filed under:
Advertising/Marketing,
Internet
By Reuters
Online deal site Groupon is still privately held but retail investors might soon be able to own a piece of it, judging by other startups in which mutual funds run by T. Rowe Price Group have invested. Get the full story »
Dec. 30, 2010 at 1:01 p.m.
Filed under:
M&A,
Technology,
Updated,
Venture capital
By Alejandra Cancino
Chicago-based Groupon Inc. has raised $500 million in equity financing of the $950 million it hopes to get.
The money came from 33 investors, Groupon said in a filing with the U.S. Securities and Exchange Commission. The company it is not disclosing their names, but DealBook reported Wednesday the start-up is negotiating financing commitments with Fidelity Investments, T. Rowe Price and Morgan Stanley. Get the full story »
Dec. 30, 2010 at 7:38 a.m.
Filed under:
Advertising/Marketing,
Internet
From the New York Times’ DealBook | Groupon, the social buying site that rejected a $6 billion takeover bid from Google earlier this month, is negotiating as much as $950 million in financing commitments with big institutional investors, including Fidelity Investments, T. Rowe Price and Morgan Stanley, people briefed on the matter said. Groupon is preparing to go public as soon as the end of 2011, sources said. Get the full story>>
