Deals
Groupon Said to Delay IPO, Planned Meetings With Investors
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Groupon Inc., the biggest provider of online daily-deal coupons, is postponing its initial public offering and pushing back meetings with investors amid stock market swings, three people familiar with the matter said.
Groupon and its bankers were planning to pitch investors starting next week, said the people, who declined to be named because the company’s plans are private. Chicago-based Groupon may still be able to sell shares before year-end, two of the people said.