clock menu more-arrow no yes

Filed under:

Groupon IPO on Hold

Groupon-G-Logo.jpgIt looks like Groupon is holding off on going public, at least for a little bit longer. Based on recent stock market volatility coupled with SEC regulators' questions, the Chicago-based deal-a-day company is putting the final phase of their IPO process on hold. Groupon execs were set to kick off a roadshow this week or next to travel the country attracting possible investors leading up to their $750 million public offering, which was scheduled to happen mid to late September. Now they're watching things on a weekly basis to determine the best timing to go public. Is the bubble bursting? [Trib]

Sign up for the newsletter Sign up for the Eater Chicago newsletter

The freshest news from the local food world