The Hit Farm

Groupon, trading under the symbol GRPN, soared 42 percent to $28.48. It surged as much as 56 percent earlier. The company sold 35 million shares at $20 each, the largest IPO by a US Internet company since Google Inc. raised $1.9 billion in its 2004 Thanks to our board of directors. And last, but not [...]

Daily deals website Groupon has priced its IPO at $20 a share, a few dollars above the anticipated range of $16 to $18, in a heavily oversubscribed offering. Groupon added five million additional shares to its offering, bringing Alexia Tsotsis currently works for TechCrunch as a writer. She is also a blogger who attended the [...]

Groupon's IPO priced at $20 a share. Groupon's highly anticipated initial public offering has been priced at $20 a share. That leaves the Chicago company, which offers daily localized deals, valued at about $12.7 billion. Groupon goes public tomorrow, and the financially frightful coupon startup should be a stock market hit: With about 10 times [...]

Oct. 21 (Bloomberg) — Alan Patricof, managing director of Greycroft Partners LLC, talks about Groupon Inc.'s plan to seek a valuation of $11.4 billion in its US initial public offering. Patricof speaks with Betty Liu and Jon Erlichman on Bloomberg Groupon Inc said it plans to raise as much as $540 million in an initial [...]