Why a Hedge Fund Is Betting on This Groupon Deal
Two-year-old Windward Management believes the marketer of discounted coupons will be worth five times its current stock price in a year.
How’s this for a Groupon deal?
Buy the stock for 80 percent less than it will be worth in a year from now.
This is the opportunity that is being peddled by Marc Chalfin of Windward Management, a little known, small hedge fund that has taken a sizable activist stake in Groupon.