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Investments

Nov. 8, 2011

Groupon's IPO could inspire others

At long last, Chicago-based Groupon Inc. is a public company, debuting as the largest IPO of a U.S. Internet company since Google Inc., and potentially inspiring others to follow suit.


By Robert Pierce


Daily Journal Staff Writer


PALO ALTO - At long last, Chicago-based Groupon Inc. is a public company, debuting as the largest IPO of a U.S. Internet entity since Google Inc., and potentially inspiring others to follow suit.


Groupon raised $700 million on Friday, after pricing its IPO shares at $20, above the original $16 to $18 range. A Chicago-based team from Winston & Strawn LLP advised the company, and DLA Piper in Silic...

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