Groupon cancels investor roadshow next week, will likely delay IPO
Daily deals site Groupon is cancelling its investor roadshow, scheduled for next week, according to Bloomberg reporterEmily Chang, in a clear sign that the company’s IPO prospects have dimmed. Bloomberg is now reporting thatGroupon has delayed its IPO, which some expected to happen as soon as the middle of September. From theWSJ: Groupon Inc. is reevaluating its plans to go public in the face of stock market volatility, said a person familiar with the matter....