Groupon (GRPN) Announces $360M Sale of Ticket Monster Stake; Approves New $300M Common Buyback Plan
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Go back to Groupon (GRPN) Announces $360M Sale of Ticket Monster Stake; Approves New $300M Common Buyback Plan
April 20, 2015 12:39 PM EDT
RBC Capital affirmed Groupon, Inc. (Nasdaq: GRPN) at Sector Perform with a price target of $8 following news that the company would sell its TMON stake for $360 million and that it approved at $300 million buyback plan.
Analyst Mark S. Mahaney commented, Although... More