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Groupon Makes Further Edits to IPO Documents
Posted By Matt DeLuca On November 3, 2011 @ 1:00 pm In Blogging and Social Media,E-Commerce,Internet and Online Business | No Comments
Groupon continued to adjust its IPO documents earlier this week. The company said that it had split its voting common stock but not raised the $16 to $18 share price. Groupon’s prospectus, a regulatory document all companies looking to make initial public offerings must file, has undergone a number of changes since the company first announced plans to go public.
And the company still has time to make more changes. Some say the asking price of between $16 and $18 a share is low, and strong investor demand may cause the company to raise the initial stock price. Â Groupon has been on the road courting investors, with stops in Denver and Los Angeles this week and in Chicago on Thursday.
Read more at The New York Times [1].
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[1] The New York Times: http://dealbook.nytimes.com/2011/11/01/groupon-amends-its-prospectus-again/?ref=technology
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