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(Image from article: "Groupon to Pick Goldman, Morgan Stanley to Lead IPO")

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Groupon to Pick Goldman, Morgan Stanley to Lead IPO

Groupon is expected to pick Goldman Sachs and Morgan Stanley as its two lead underwriters for an IPO planned later this year. The IPO is expected to value the Chicago company at between $15 billion and $20 billion, these people said. The valuation could change depending on market conditions at the time of the IPO.

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