Groupon could be looking for a buyer
INTERNATIONAL NEWS:
Groupon, the company that made local online daily specials, is looking to be bought out, according to report in Recode.
According to the publication, executives and representatives of the Chicago-based company have recently stepped up efforts to bring in possible buyers.
In 2016, Alibaba bought 33 million shares nearly 6% of the company in 2016, has been reported as a potential suitor, as well as IAC, whose CEO Joey Levin, is a Groupon board member.