IPO Could Value Groupon at $15 Billion to $20 Billion

After fielding offers from investment bankers about a potential IPO since January, Groupon is now expected to announce Goldman Sachs and Morgan Stanley as the two lead underwriters of a planned public offering, the Wall Street Journal reports. The IPO is expected in the second half of this year, possibly in the third quarter, and will likely value the company at between $15 billion and $20 billion, depending on market conditions, and could raise up to $1 billion from investors.