Advertising M&A » By The Online Investor Staff, updated Sun., Jul. 3, 5:39 PM
Recent mergers and acquisitions in the Advertising M&A category.
| This Slide: #34 of 38 |
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 is a two-sided marketplace that connects consumers to merchants. Co. operates in two segments, North America and International, and in three categories, Local, Goods and Travel. Co.'s Local category includes offerings from local and national merchants, and its relationships with local and national merchants, including advertising services. In its Goods category, Co. sells merchandise inventory directly to customers and the third-party merchants sell products to customers through its marketplaces. Through its Travel category, Co. features travel offers at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel.
Open the GRPN Page at The Online Investor »
|
||||||||||||||||||||||||
Open the GRPN Page at The Online Investor (in a new window) »
 Free GRPN Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
Buy (3.00 out of 4) 17th percentile
(ranked lower than approx. 83% of all stocks covered)
Analysts' Target Price: GRPN Stock Forecast Based on Zacks ABR data; powered by Xignite |
