They say hindsight is always 20-20. And in retrospect, spurned suitors such as Google Google Inc (NASDAQ:GOOG) by Groupon Inc (NASDAQ:GRPN) and Microsoft Corporation (NASDAQ:MSFT) by Yahoo! Inc. (NASDAQ:YHOO) are probably thanking their lucky stars that their offers were turned down. In this 2010 report, Groupon Inc (NASDAQ:GRPN) CEO Andrew Mason rejected Google’s $6 billion offer, which included performance incentives, as they wanted to go the route of an IPO instead. It seems now to have been a bad move, and Google Inc (NASDAQ:GOOG) is likely smiling. Cut to 2012, and post-IPO, we have Groupon Inc (NASDAQ:GRPN)’s shares quoting at $4.80 and a market cap of…
Groupon Down 82% Since IPO: Now a Value Play?
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.