Groupon Raising Up To $950 Million In Financing

SAN FRANCISO — Groupon’s board has authorized the local-coupon site to raise up to $950 million in funding, a recent Delaware regulatory filing says.Google Inc. reportedly tried to buy the Chicago company for between $5 billion and $6 …

SAN FRANCISO — Groupon’s board has authorized the local-coupon site to raise up to $950 million in funding, a recent Delaware regulatory filing says.

Google Inc. reportedly tried to buy the Chicago company for between $5 billion and $6 billion but was rejected in early December.

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