Deals
Yelp Said to Hire Goldman Sachs, Citigroup for IPO in 2012
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Yelp Inc., the review website, chose Goldman Sachs Group Inc. and Citigroup Inc. to lead its initial public offering next year, said two people with knowledge of the situation.
The San Francisco-based company hasn’t decided how many shares to offer, said the people, who declined to be identified because the plans haven’t been formalized. The Wall Street Journal reported Yelp’s IPO plans earlier and said the offering may value the company at as much as $2 billion.