Groupon To Sell 30M Shares At $16-$18 A Pop, Valuation As Much As $11.4B

via techcrunch.com

And so it begins. Groupon this morning published the expected price range of its shares, to be sold in an upcoming initial public offering, in an SEC filing.

The daily deals company plans to sell 30 million shares at $16 to $18 a pop, which would see Groupon raise between $480 million and $540 million. This would give Groupon a valuation as high as $11.4 billion.

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