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Groupon To Hire Underwriters For IPO

Groupon is likely to appoint pick Goldman Sachs and Morgan Stanley as the two lead underwriters for a planned initial public offering later this year.

    Grouponis likely to appoint pickGoldman SachsandMorgan Stanleyas the two lead underwriters for a planned initial public offering (IPO) later this year,The Wall Street Journalreports. The offering is expected to value the deal-of-the-day website company at between $15 billion and $20 billion.

    The Chicago-based company is also expected to hire摩根大通(JP Morgan Chase)as one of the co-managers for the offering. Groupon has not decided the amount it is planning to raise from the offering.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromReuters.

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