![](http://media.techeblog.com/images/groupon-ipo.jpg)
Daily deals website Groupon is planning to raise up to $540-million in an initial public offering and “aims to sell 30 million shares, or less than 5 percent of the company, at between $16 and $18 each, according to a regulatory filing on Friday.” Click here to see a few pictures of their new offices. Continue reading for a short video tour.
He said the scaling back of the IPO and the small float suggested more shares could be offloaded later. Depending on demand, the IPO will raise between $480 million and $540 million, compared with a previous target of up to $750 million.
[via Reuters]