Getting your player ready...
SAN FRANCISCO — Groupon, the service that offers hundreds of local, short-term discounts each day in 500 separate markets, has completed its biggest deal so far: a $950 million investment that will help finance its expansion and enrich its current shareholders, including some of its employees.
The infusion Groupon announced Monday comes less than two weeks after the company disclosed its plan to raise the money in a filing with the Securities and Exchange Commission. At that time, it already had lined up $500 million of the total.
