Groupon's widely anticipated IPO plans to come to market next week. Groupon, an e-commerce site used by merchants to offer customers daily discounts, plans to raise $510 million by offering 30 million shares at a price range of $16.00 to $18.00. At the mid-point of the proposed range, Groupon will command a diluted market value of $11.2 billion.
Renaissance Capital's Kathy Smith spoke with Liz Claman and David Asman on Fox Business's "After the Bell" about Groupon's potential effect on the IPO market, and the recent successfully completed IPOs by Ubiquiti Networks and Zeltiq Aesthetics.
