Groupon Looks Like No Bargain to Suitors After 89% Gain in Month

  • Shares too pricey and company's still in transition: analyst
  • Alibaba's investment spurred rumors of possible acquisition

As Groupon Inc. inches its way through a turnaround, investors have fixated on the idea of an acquirer swooping in for a quick deal. They’d better be prepared for a long slog.

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