Advertising M&A » By The Online Investor Staff, updated Fri., Dec. 14, 8:18 AM
Recent mergers and acquisitions in the Advertising M&A category.
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Slide #34. Groupon — Savored
Acquirer:
Groupon (NASDAQ:GRPN)
Acquiree:
Savored
Details:
Groupon announced it has acquired Savored (http://www.savored.com), a leading provider of reservations at the best restaurants across the United States. Terms of the deal were not disclosed.
Groupon operates online local commerce marketplaces that connect merchants to consumers by providing goods and services through its websites, groupon.com, and its mobile applications. Co. provides goods and services in three categories: Local Deals, which includes offerings from local and national merchants, and local events; Groupon Goods, which provides customers the ability to find deals on merchandise across various product lines, such as electronics, sporting goods, jewelry, toys, household items and apparel; and Groupon Getaways, which features travel offers at both discounted and market rates, such as hotels, airfare and package deals covering both domestic and international travel.
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Avg. Broker Rec.
 
|
Hold (2.23 out of 4) 7th percentile
(ranked lower than approx. 93% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
