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Demand May Lead Groupon To Price Above Range For IPO

The daily deals site is thought to be considering pricing its initial public offering above its current range due to strong demand. Groupon will be the first daily deals site to go public, leading to increased interest in the market. After pitching to investors and addressing a range of concerns, it is now thought that Groupon is targeting a price US$1 to US$2 above the current US$16 to US$18 per share range.

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