Mason’s Groupon Seeks to Raise as Much as $950 Million
Dec. 29 (Bloomberg) — Groupon Inc., the online-coupon site that spurned a $6 billion offer from Google Inc. this month, has filed to raise as much as $950 million in funding, according to the venture-capital website VCExperts. Groupon Chief Executive Officer Andrew Mason is shoring up the company as he ponders an initial public offering in the new year. Bloomberg’s Deirdre Bolton reports on Mason and Groupon in today’s Movers & Shakers. (Source: Bloomberg)
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Dec. 27 (Bloomberg) — Bob Rice, managing partner at Tangent Capital Partners LLC, talks about Groupon Inc.’s decision to reject a takeover offer by Google Inc.