Deals, Livingsocial.com | featured news

Experts from Travelzoo, LivingSocial and JohnnyJet.com share strategies for stretching vacation dollars. If you don't know where you're going on vacation this year, you may not be indecisive.

Daily deal distributor LivingSocial doled out $142.9 million in equity as part of its agreement to buy South Korea-based discount site TicketMonster, according to a source familiar with the purchase. The District-based company, which declared the transaction in a Securities and Exchange Commission filing on Friday, has been on a buying binge in recent months as it looks to expand its global footprint through the acquisition of daily deal Web sites in overseas markets.

LivingSocial has picked Bank of America Merrill Lynch, JPMorgan and Deutsche Bank to lead-underwrite an IPO that could value the daily deals site at $10 billion to $15 billion, two sources with knowledge of the matter said.

LivingSocial, a website that offers city-specific pop-up deals based on group participation, has thrown travel deals into the mix.