/// Groupon Co-Founder Eric Lefkofsky Doesn’t Sell Millions of Shares
Groupon Chairman and co-founder Eric Lefkofsky has transfered nearly 19 million shares from the daily deals company, according to an SEC document filed on Friday. The Wall Street Journal reports that the shares were distributed to certain members of an investment entity that owned the shares, including early employees, advisers, and his family’s charitable foundation. A spokesperson for Lefkofsky, who controls 28 percent of the company’s voting power, confirmed he was not selling the shares. On Friday, those shares were worth about $77 million.
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Groupon Co-Founder Eric Lefkofsky Doesn’t Sell Millions of Shares