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Groupon Said to Discuss IPO Valuation of Up to $25 Billion

Groupon Inc. has held talks with banks about an initial public offering that would value the online-coupon company at as much as $25 billion, according to two people with knowledge of the discussions.

The two-year-old startup’s IPO may happen this year and is unlikely to assign Groupon a valuation of less than $15 billion, the people told Bloomberg Businessweek. They asked not to be identified because the talks were private.