Tiger Global Management provides a big vote of confidence to Groupon (GRPN) by acquiring a 9.9%...
Tiger Global Management provides a big vote of confidence to Groupon (GRPN) by acquiring a 9.9% stake in the struggling daily deals provider. Based on the company's closing price of $3.11 yesterday, the holding is worth $201.8M. Tiger, which oversees about $8B in assets, also has stakes in a couple of other Internet plays that have lost much value: Yahoo and Facebook.
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