It's here: Groupon files for hotly anticipated IPO

June 2, 2011 - 2:29 PM

NEW YORK (AP) — Fast-growing daily deal site Groupon Inc. has filed paperwork for its hotly anticipated initial public offering of stock.

The regulatory filing Thursday sets the potential value of the IPO at $750 million.

Groupon's move follows an IPO by social-networking site LinkedIn that valued that company at $9 billion by the end of its first day of trading.