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All Posts Tagged Tag: ‘Ticket Monster’

Groupon Now Officially Owns Ticket Monster (Formerly Of LivingSocial)

Groupon announced an agreement to acquire LivingSocial’s Ticket Monster when it reported its Q3 earnings in November. On Friday, Groupon announced that it has closed the acquisition. Groupon paid $260 million in cash and stock for the Korean ticketing company. More specifically, that’s $100 million in cash and $160 million in Groupon Class A common stock for Groupon rival LivingSocial. …

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Groupon Announces Q3 Earnings, Ticket Monster Acquisition

Groupon just released its earnings report for the third quarter, and announced an agreement to acquire Ticket Monster from its rival LivingSocial for $260 million cash and stock. Revenue was up 5% year over year at $595.1 million. Gross profit was down to $359.6 million compared to $386.8 million for the same quarter last year. “Our Local business showed continued …

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