Groupon IPO Back in Motion
By Chuck Sudo in News on Sep 15, 2011 2:30PM
Sources close to Groupon tell the New York Times Dealbook blog their IPO is back on track for late October or early November.
Groupon announced last week they were tabling the IPO due to the recent volatility of the stock market. Many believed the leaked memo from CEO Andrew Mason on the heels of Groupon's PR chief quitting the company may have also had something to do with it.
Groupon and the SEC have apparently resolved their issues regarding the Mason memo, which could have been a violation of the SEC's "quiet rules" leading up to an IPO.