Groupon Raising Another $950 Million
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Groupon filed a certificate to authorize a $950 million Series G round of preferred stock, VC Experts reports.
The news comes just weeks after the company turned down a takeover by Google (Nasdaq: GOOG).
According to the report, "the latest filing also increased the authorized shares of voting common to 250 million shares, and if all of them are issued, Groupon's valuation could be as high as $7.8 billion."
The news comes just weeks after the company turned down a takeover by Google (Nasdaq: GOOG).
According to the report, "the latest filing also increased the authorized shares of voting common to 250 million shares, and if all of them are issued, Groupon's valuation could be as high as $7.8 billion."
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