JPMorgan (JPM) has reportedly purchased online coupon firm Bloomspot for $35M, and will roll the...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan (JPM) has reportedly purchased online coupon firm Bloomspot for $35M, and will roll the Groupon competitor's roughly 100 employees into its credit card unit. Things have calmed down in this arena - Bloomspot's investors will get back about two-thirds of their invested capital.