SCREW-UP: Groupon Told Employees They'd Be Able To Sell Stock Friday – And That's Not True!: " Groupon management told employees that they would be able to sell some of their stock in the company the same day that it goes public (Friday).
This turned out not to be true.
Why is this a big deal?
Sources close to Groupon employees tell us that some of them took the original information and made big financial decisions based on it. They started looking at paying for stuff: cars, housing, tuition, and savings.
Also, this kind of mistake also contributes to the notion that Groupon might not be ready to be a public company."
'via Blog this'
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