For a company that reportedly rebuffed Google‘s (Nasdaq: GOOG) $6 billion offer, Groupon seems to be making headlines for all of the wrong reasons these days.
A week that began with three controversial Super Bowl ads that were eventually pulled ended with a botched national offer from United Online‘s (Nasdaq: UNTD) FTD.com.
The FTD deal seemed timely enough, offering $40 worth of floral arrangements for $20 ahead of the potent Valentine’s Day weekend. However, controversy erupted when some buyers noticed that some of the prices being charged to Groupon participants were higher than the sale prices on FTD.com itself.
Read the complete article here.
Happy trading,
Curt
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