SEC takes "quiet period" quite seriously. It is understandable that the CEO would want to defend the reputation of Groupon, given how much of the businessrelies on the perceived reputation of the company by the local merchants. That being said, breaking the silence, even in creative ways, can greatly hurt the IPO process. Makes me wonder who is advising their IPO...
GROUPON CANCELS IPO ROADSHOW, SEC Wants Answers On Leaked Memo
No comments:
Post a Comment