Takeover Rumors news and trends

Groupon Gains On Alibaba Takeover Rumors

January 13, 2017
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Groupon Gains On Alibaba Takeover Rumors

January 13, 2017
Shares of daily deal website operator Groupon gained in trading Thursday (Jan. 12) on unconfirmed rumors of a takeover offer. According to a report, the speculation is that Alibaba, China’s leading eCommerce operator, is looking to acquire Groupon. The report noted that Alibaba has a “sizable” stake in Groupon. Groupon shares were trading lower for most the […]