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Does Groupon's Ticket Monster Sale Affect Shareholders?
Tuesday, April 21, 2015 - 9:00am | 307Read More...Groupon Inc (NASDAQ: GRPN) on Monday announced that it would sell a majority stake of its South Korean Ticket Monster unit to a consortium that included private equity firm KKR. The deal more than triples Groupon's investment in Ticket Monster, which the company first bought for $...
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Groupon Announces Partial Sale Of Ticket Monster, New Share Buyback Authorization
Monday, April 20, 2015 - 9:14am | 366Read More...Shares of Groupon Inc (NASDAQ: GRPN) rallied last week after The Wall Street Journal reported the company was looking to sell a stake in Ticket Monster at an approximate $800 million premium, marking a hefty premium above the $260 million Groupon paid to acquire the South Korean based deals site...
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Gene Munster: Divesting Groupon Unlocks $1 Billion In Value
Wednesday, April 15, 2015 - 11:01am | 240Read More...Piper Jaffray analyst Gene Munster said that if Groupon Inc (NASDAQ: GRPN) divests businesses, it may raise $730 million and add more than $1 billion to its market capitalization. Munster argued that the "stealth assets" are "underappreciated by investors." The largest such...
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Barrington Is 'Cautiously Optimistic' Groupon Will Reaccelerate Growth, Profitability
Tuesday, February 17, 2015 - 2:27pm | 244Read More...In a report published Tuesday, Barrington Research analyst Jeff Houston commented that Groupon Inc's (NASDAQ: GRPN) reported fourth quarter results were above expectations and the company continues to progress on its evolution. According to Houston, Groupon is "increasingly" fulfilling demand...
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Groupon In Talks To Divest Majority Of $1 Billion Stake In South Korean Subsidiary
Thursday, February 5, 2015 - 9:04am | 126Read More...Groupon Inc (NASDAQ: GRPN) is in talks with KKR and South Korean conglomerates to sell a majority stake in Ticket Monster, South Korea’s largest mobile commerce company, according to Dow Jones reports. At a $1 billion valuation, Groupon’s stake in Ticket Monster would represent 20...
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Groupon's Ideeli Acquisition Could Spell Trouble for Overstock, Others
Tuesday, January 14, 2014 - 5:47pm | 529Read More...Groupon (NASDAQ: GRPN) announced this week it had acquired Ideeli, an online flash fashion retailer. The daily deals site paid $43 million for the company. That may be a bit more than some of its earlier acquisitions, but is considerably cheaper than the $260 million that Groupon paid for...
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Groupon Falls 11% After Weak Earnings Outlook
Thursday, November 7, 2013 - 5:24pm | 343Read More...Groupon (NASDAQ: GRPN) may have reported an earnings beat this afternoon, but the company's fourth quarter expectations left a lot to be desired. Groupon reported a Q3 EPS of $0.02 versus the Street estimate of $0.01. Earnings per share were down 33 percent from the year-ago period. Revenue came...
