Groupon is likely to select Goldman Sachs and Morgan Stanley to be the principal underwriters for an initial public offering later this year that could value the company between $15 and $20 billion. J.P. Morgan Chase is expected to have a co-manager role in the IPO, and at least two other banks want to be in on the deal.
Groupon executives have not yet decided how much they would like to raise from the offering of stock to investors, but it could be as much as $1 billion. The IPO is projected for the second half of 2011, potentially in the third quarter.
As groupon beleives that "It's not always a company delivering sterling business credentials that gets interest," i say that if u provide such a platform that ease the flow of business it would be simply enough to generate enough amount of cash flows . take the example of www.masterseek.com/ that is fulfiling the space between businesses and is successful as well.
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Groupon's Buzz Machine May Fuel IPO Success
Posted by: Rob Spiegel April 15, 2011 12:27 PMGroupon is likely to select Goldman Sachs and Morgan Stanley to be the principal underwriters for an initial public offering later this year that could value the company between $15 and $20 billion. J.P. Morgan Chase is expected to have a co-manager role in the IPO, and at least two other banks want to be in on the deal.
Groupon executives have not yet decided how much they would like to raise from the offering of stock to investors, but it could be as much as $1 billion. The IPO is projected for the second half of 2011, potentially in the third quarter.