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Groupon mulling IPO- CEO

Monday, January 24, 2011 - 01:20

Jan 24 - Daily deals website Groupon is considering an initial public offering and is in talks with bankers, founder and Chief Executive Andrew Mason told Reuters on Monday. Conway Gittens reports.

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The daily deals website groupon is considering an initial public offering and is in talks with bankers says founder and chief executive Andrew mason. We've met with a bunch of bankers were exploring. Whether or not it makes sense for us that we haven't made a decision -- to restore on the learning. But. Mason was speaking to Reuters that the deal. He declined to comment on whether groupon had recently received a six billion dollar takeover bid from Google. Media have reported that the offer was rejected by upon. The two year old company which offers its members hefty discounts on local services has grown from three million to fifty million users in 2010. People love it because we're featuring some of the best businesses were hoping people get out of the house and rediscover their city's. And for local businesses that's really changed the way that they get customers in the storage and you kind. Marketing. Group on recently completed a 950 million dollar round of financing. Mason said the money would be used for international expansion and new technology. Cuddly kittens. Reuters.

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Groupon mulling IPO- CEO

Monday, January 24, 2011 - 01:20