Monday, July 9, 2018

Groupon could be bought

CNBC: Groupon is seeking a buyer, according to a Recode report which said that executives at the daily deals company have stepped up their efforts to lure possible suitors. Alibaba, which already owns about six percent of Groupon, is said to be a potential buyer.

I heard a crazy idea this morning that it could be bought at as much as $12 a share. I don't know Groupon well enough so what do you guys think? Is there an opportunity here?



Submitted July 09, 2018 at 09:28AM by sisumoney https://ift.tt/2KHKJnU

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