/// Groupon Co-Founder Eric Lefkofsky Doesn’t Sell Millions of Shares

September 2, 2012  |  All Things Digital

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.

Read the original:
Groupon Co-Founder Eric Lefkofsky Doesn’t Sell Millions of Shares


Do Good Better 2014 vertical banner

Leave a Reply