“Groupon has chosen Goldman Sachs and Morgan Stanley to underwrite its IPO, which it is planning for later this year, the Wall Street Journal reports.”

Business Insider reports:

Groupon has chosen Goldman Sachs and Morgan Stanley to underwrite its IPO, which it is planning for later this year, the Wall Street Journal reports.

The offering will be priced between $15 billion and $20 billion, and will raise as much as $1 billion in capital for the company.

The IPO is planned for the second half of 2011, probably the third quarter.

Quantcast