Inside these posts: Initial public offering

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Goldman, Morgan Stanley may lead Groupon IPO

Groupon CEO Andrew Mason speaking in August 2010 at Groupon's headquarters, 600 W. Chicago Ave. (Brian Cassella/Chicago Tribune)

Groupon is likely to pick Goldman Sachs and Morgan Stanley to lead a second-half initial public offering that could value the fast-growing daily deals site at $15 billion to $20 billion, a source familiar with the matter said on Thursday.

Groupon could raise as much as $1 billion in the IPO, which could come in the second half of 2011, although the exact size had not yet been determined, said the source, who was not authorized to speak to the media. Get the full story »

Zipcar up 58% in Nasdaq debut

Shares of Zipcar soared 66 percent in early Nasdaq trading on Thursday as investors sought to buy into the leader of the growing U.S. car-sharing industry. Get the full story »

McDonald’s franchisee rises 25% in debut

Shares of Arcos Dorados Holdings, a large South American franchisee of fast-food chain McDonald’s, rose 27 percent in their stock market debut as investors clamored for exposure to the famous brand in a region with booming consumer spending. Get the full story »

McDonald’s franchisee IPO raises 43% more

Arcos Dorados Holdings, a large South American franchisee of U.S. fast-food chain McDonald’s sold more shares than originally planned at a price above the proposed range in an IPO on Wednesday, a source familiar with the deal said. Get the full story »

CBOE chief’s pay dwarfs rivals at NYSE, CME

CBOE Holdings Inc. Chief Executive Officer William Brodsky, who steered the operator of the biggest U.S. options market through an initial public offering last June, received a giant pay boost for his efforts. Get the full story »

Ally, former GM finance arm, files for IPO

Ally Financial filed Thursday for an initial public offering that will allow the U.S. government to sell down its majority stake in the bailed-out auto and mortgage lender. Get the full story »

Zipcar prices IPO stock at $14 to $16 per share

Car-sharing service Zipcar Inc. and some of its investors will sell 8.33 million shares of stock for $14 to $16 each in an initial public offering. Get the full story »

Groupon meets with bankers to explore IPO

Groupon’s executives held a series of meetings with bankers Thursday in Chicago to discuss a potential initial public offering for the coupon website, CNBC’s Kate Kelly reported Thursday evening. Groupon, Kelly said, is serious about an IPO, but the process could take months, possibly into this spring. The offering could be worth $1 billion to $1.5 billion, she said, but the company hasn’t offered any details of the potential size of the deal. Get the full story »

Fiat raises Chrysler stake, readies for IPO

Italy’s Fiat lifted its stake in Chrysler to 25 percent Monday as Chief Executive Sergio Marchionne prepares for an upcoming round of meetings with bankers to refinance Chrysler’s debt and to ready an initial public offering of shares. Get the full story »

BATS exchange hires IPO underwriters: WSJ

Bats Global Markets Inc has selected several underwriters for the potential initial public offering by the exchange operator, the Wall Street Journal reported on Friday, citing people familiar with the situation.

The BATS IPO would be the first major exchange offering since that of CBOE, operator of the Chicago Board Options Exchange. Get the full story »

What’s Groupon worth? Fundraising spurs debate

From DealBook | With the news that Groupon’s board has authorized the daily deal site to raise up to $950 million in funding, many investors and analysts are now debating what exactly Groupon is worth. The venture capital data provider VC Experts estimates that the new round of fundraising values Groupon at $6.4 billion, while TechCrunch, citing an unnamed source, pegs it at a more modest $4.75 billion.

Tesla Motors lock-up period ends, share price down

Tesla Motors shares fell the most since early July Monday, the first day insiders could sell shares that they bought during the electric carmaker’s initial public offering six months ago. Get the full story »

GM to seek easing of executive pay restrictions

General Motors CEO Dan Akerson speaks at the Economic Club of Washington, Dec. 10, 2010. (AP Photo/Susan Walsh)

General Motors will seek some relaxation of executive pay restrictions imposed by the U.S. government as a condition of providing $50 billion in bailout and bankruptcy financing.

The automaker’s chief executive, Dan Akerson, told the Washington Economic Club that he would meet with the Obama administration’s acting special paymaster, Pat Geoghegan, later on Friday to discuss the matter.

“We have to be competitive and attract and retain great people. We’ve been able to do that. But we’re starting to lose them,” Akerson said. Get the full story »

Wintrust to sell 3.2M shares, 4M equity units

Wintrust Financial Corp. on Monday said it has started two public offerings, one of common stock and the other tangible equity units to raise money to buy back the preferred stock held by the U.S. government. Get the full story »

First Wind Holdings withdraws proposed IPO

Wind energy company First Wind Holdings Inc. said Wednesday that it will withdraw the registration for its initial public offering, citing “unfavorable market conditions.” Get the full story »