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Groupon Delaying IPO

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The Wall Street Journal leaked yesterday that Groupon is delaying their IPO. The Groupon crew was to take their fundraising pitch on the road to rile up a bunch of investors but apparently due to the recent stock market volatility, SEC regulators' questions, and hiring a new Groupon Cat, the company has decided to hold off for a little bit. They needed a cool $750 million for the initial public offering, which was scheduled to happen late September. [Wall Street Journal]