Sunday, January 9, 2011

First Half of Groupon Funding Done?DST, T. Rowe Price, Fidelity, Capital Group and Morgan Stanley

Groupon has officially raised half of a $950 million funding, getting $500 million from a range of top-drawer investors, said sources close to the situation.

Those investors include Russia's DST Global, T. Rowe Price, Fidelity, Capital Group and Morgan Stanley.

It's unclear how much each investor has put in and who will make up the next tranche of funding, which will also close imminently.

Charli Baltimore Denise Richards Jennifer Sky Samantha Mathis Samantha Morton

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