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Investments

Oct. 25, 2011

Groupon could warm up IPO market

Groupon Inc. has taken its share of lumps since filing to go public in June, but after setting the long-awaited initial public offering terms on Friday, the company could help to pry the IPO window back open.


By Robert Pierce


Daily Journal Staff Writer


PALO ALTO - Groupon Inc. has taken its share of lumps since filing to go public in June, but after setting the long-awaited initial public offering terms on Friday, the company could help to pry the IPO window back open.


The Chicago-based company, which will trade on NASDAQ under the GRPN symbol, looks to raise $621 million instead of the $750 million it sought in its initial IPO filing. Groupon'...

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