Groupon IPO Back On Track

Discount company preparing for launch as Facebook defers

Online discounter Groupon is preparing for its initial public offering, just weeks after reportedly postponing its investor roadshow. The New York Times now reports that the company is planning to go public in late October or early November this year. 
The news comes as Facebook has decided to delay its IPO until late 2012, according to the Financial Times. Facebook chief executive Mark Zuckerberg apparently wants to keep employees “focused on product developments rather than a pay-out,” the FT writes.

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