Seeking Alpha

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

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.
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