Breaking: Groupon Prices at 20 a Share and 10x Oversubscribed ...

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Groupon has priced its public offering at 20 <a href="http://wk.putianb2b.com/"><strong>国外网赚 </strong></a> a share, several dollars above the expected price range of 16 to 18. That will garner 700 million for the start-up, which is only several years old, at a valuation of close to 13 billion. The offering for the Chicago-based daily deals site — which has had a controversial IPO process — <a href="http://wk.putianb2b.com/"><strong>网络兼è�Œè�”盟 </strong></a> was well upward of 10 times oversubscribed, meaning there was a lot more demand than supply of its stock. To alleviate the difference, Groupon added five million more shares to its offering, totaling 35 million shares sold. Groupon has endured an unusual amount of criticism over a variety of issues — including accounting treatments, <a href="http://wk.putianb2b.com/"><strong>网络兼è�Œå·¥ä½œ </strong></a> executive turmoil and growth prospects. But investors did not seem to mind all the noise, and clamored to get into a possibly lucrative IPO. The relatively small float of shares and that intense interest allowed Groupon to cherry-pick its investors. Executives from Groupon, including its CEO Andrew Mason (who seemed to have gotten a nice haircut and suit for the occasion), have been hawking the company — which sells an assortment of discounted services from a variety of local merchants — to investors all over the country during the last several weeks. The <a href="http://www.itsreal.org/photo##############/nfpicturepro/displayimage.php?pos=-529"><strong>Hermes Birkin 35 Bleu Abysse Porosus Crocodile Bag | Crocodile ...</strong></a> company is set to go public tomorrow under the GRPN ticker on the Nasdaq.