Morgan Beats Goldman to Be Lead Bookrunner in Groupon IPO
Groupon today filed for its long-awaited IPO. The daily deals site, which rejected a takeover bid from Google, is looking to raise $750 million. That will likely change in future filings. Groupon didn't disclose how many shares it would sell, their price range or on what exchange the stock will list. That information will come in future filings. Groupon expects to trade under the ticker GRPN. Morgan Stanley is lead bookrunner on the deal, while Goldman Sachs is
2 June 2011•2 mins read
