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Groupon names Lefkofsky as new CEO; meets Q2 revenue estimates with $608.7M

Thursday, August 8, 2013 | More »

Groupon Inc named co-founder Eric Lefkofsky its chief executive and reported a record quarter for its North American business, signaling growing momentum in its comeback effort, and its shares rose almost 20 per cent. The company, which also announced a $300 million share repurchase program on Wedne...