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Groupon may divest 4 businesses: analyst

Tuesday, April 14, 2015 - 05:50

Portland

GROUPON Inc could divest four businesses in the next two years, netting as much as US$730 million, to raise cash as it expands into an e-commerce marketplace, according to Gene Munster, an analyst at Piper Jaffray Cos.

Groupon has a market value of about US$5 billion,