Deals
Groupon Not Fully Committed to IPO, CEO Mason Says
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Groupon Inc., which last month rejected a $6 billion takeover offer from Google Inc., isn’t convinced it will sell shares in an initial public offering anytime soon, said Chief Executive Officer Andrew Mason.
The biggest daily deal website’s commitment to proceeding with an IPO this year is “less than 100 percent, that’s for sure,” Mason said in an interview at the Digital-Life-Design conference in Munich. “An IPO is something we are considering, but we’re just trying to learn more about the option at this point and understand the benefits and drawbacks.”