Groupon Sells 59% Of Korea’s Ticket Monster To KKR Consortium For $461M
April 20, 2015 at 08:45 AM EDT
The long-running question mark over Groupon’s ownership of Ticket Monster has been resolved. Today the company announced that it is selling a controlling stake in the Korean online shopping platform to a consortium that includes Anchor Equity Partners, KKR and TMON management, which is taking a 59% of the company for $461 million, valuing the company at $782 million. Groupon will… Read More