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Groupon, Pandora Met With Bankers To Discuss IPO's

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Groupon, Pandora Met With Bankers To Discuss IPO's

According to CNBC' Kate Kelly, Groupon and Pandora have both met with investment bankers today to dsicuss potential IPO's.

Groupon's IPO could be around $1 billion, perhaps more in the offering.

Pandora has talked about an offering of a much smaller size, in the neighborhood of $100 million.

Groupon spurned Google (NASDAQ: GOOG) last month, as the search giant was prepared to pay $6 billion for the Chicago-based company.

Groupon just recently raised money too, so it's not quite yet clear why it would raise money from venture capitals, then talk about going public so close together.

 

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Posted-In: Kate KellyNews Rumors Offerings

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