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Groupon Targets $25B IPO Valuation

Groupon is in discussions with lenders for an initial public offering that could value the company at up to $25 billion.

Groupon is in discussions with lenders for an initial public offering that could value the company at up to $25 billion, Bloomberg reports. The U.S. online-coupon company’s public offering is expected to take place later this year.

The Illinois-based company was valued at around $1.3 billion, when it raised $135 million from investors, including Digital Sky Technologies.Groupon also rejected a $6 billion offer from Google late last year.

Click here for the story from Bloomberg.



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