Friday, October 28, 2016

Groupon Buys Rival Deal Site LivingSocial

Groupons Buys Living Social

Daily deals websites Groupon and LivingSocial are rivals no more. The two companies announced this week that Groupon will acquire all of the outstanding shares of LivingSocial, Inc. According to an extremely brief announcement by Groupon, the acquisition is expected to be finalized by early November 2016, subject to “satisfaction of customary closing conditions.” LivingSocial... 

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