2:09 PM LivingSocial CEO Tim O'Shaughnessy refutes a PrivCo report claiming the #2 daily deals vendor's latest funding round featured "oppressive terms." He claims the deal involves a ~$1.5B valuation (that suggests AMZN's stake is worth around $450M) and doesn't require 10%+ dividend payments, and its liquidation preference is "nowhere near 4x." However, PrivCo's CEO stands by his firm's report, and calls O'Shaughnessy's comments misleading. GRPN +3%. Read comments
AMZN price at time of publication: $263.33. Check AMZN price now »
Focus Articles on AMZN
- California Sales Tax Receipts Show Sales Tax Collection Impact by Paulo Santos
- Courage Where Art Thou? I Want To Short Amazon by Benedict Tubuo (Beevest)
- Morgan Stanley's Amazon.com Estimates Are Flawed by Paulo Santos
Press Releases on AMZN
- Amazon Announces Entertainment Collectibles Store Offering Sought-After Memorabilia from Entertainers of the Past and Present (Business Wire)
- Amazon and CBS Announce Expanded Content Licensing Agreement (Business Wire)
- Amazon Cloud Player – Now in Your Car (Business Wire)
Related Articles on AMZN
- Constant Contact: Increasing Competitive Pressures Make It A Good Short Candidate by Nicholas Pardini
- The 'De-Bestbuyification' Of Consumer Electronics by Benedict Tubuo (Beevest)
- Price Matching Is Synergistic With Sales Tax Collection by Paulo Santos
StockTalk on AMZN: AMZN StockTalk | Twitter AMZN | Twitter $AMZN | AMZN Instablogs
Recent Market Alerts on AMZN: All currents | Earnings | Dividends | M&A | On the move
Transcripts on AMZN
- Amazon.com's Management Discusses Q4 2012 Results - Earnings Call Transcript
- Amazon.com's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- Amazon.com's Management Discusses Q2 2012 Results - Earnings Call Transcript
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