Groupon’s Chairman Eric Lefkofsky Transfers 18.7 Million Shares
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Groupon Inc. Chairman Eric Lefkofsky transferred 18.7 million of his company’s shares to early investors, consultants and advisers, according to regulatory filings and a spokesman for the executive.
Of the total, 15.4 million of the shares were transferred from a company called 600 West Groupon LLC, which is managed by a firm owned equally by Lefkofsky and his wife, according to the filing with the U.S. Securities and Exchange Commission. Based on yesterday’s closing price, the total is worth $77.6 million.