Groupon acquires SnapSaves, terms not disclosed SnapSaves, a Canadian grocery smartphone app, announces on its website that it has been acquired by Groupon. Terms of the deal have not been disclosed. Reference Link
Groupon jumps 5% after positive mention by Leon Cooperman Shares of Groupon are trading higher after Leon Cooperman of Omega Advisors said on CNBC that his firm believes shares are worth 40%-50% more than current trading levels. Cooperman added that the provider of coupons is not a large holding for Omega. Groupon shares are up 5%, or 32c, to $7.15 in afternoon trading.