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With Hungry Academy, LivingSocial aims to build its own techies

In groups of four, the soon-to-be graduates of LivingSocial’s inaugural Hungry Academy stepped in front of their peers last week to present their capstone projects: a fully functional Web site built to help school teachers raise money for classroom projects.

 

LivingSocial doles out $142.9M in equity

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.

 

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