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0 -0.000106951871657742 0.00524064171122996 -0.0161497326203209 -0.0161497326203209 -0.0176470588235294 -0.079144385026738 -0.0747593582887701
Stock impact report

Groupon Adopts Limited Duration Shareholder Rights Plan

Groupon, Inc. (GRPN) 
Last groupon, inc. earnings: 2/18 04:09 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.groupon.com/investor-relations
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Groupon, Inc. (NASDAQ: GRPN) (“Groupon” or the “Company”) today announced that its Board of Directors has adopted a limited duration rights plan (the “Rights Plan”), effective April 10, 2020.In adopting the Rights Plan, the Board of Directors has taken note of the substantial increase in market volatility and uncertainty as a result of the COVID-19 pandemic, as well as its impact on Groupon’s stock price. Given the current unprecedented environment and trading levels as well as the importance of maintaining focus on the Company’s operations, safeguarding the welfare of employees and serving customers, the Board believes adopting the Rights Plan is in the best interest of all Groupon stockholders.The Rights Plan has an eleven-month duration, expiring on March 10, 2021. It is similar to plans adopted by other public companies, and is intended to promote the fair and equal treatment of all Groupon stockholders and ensure that no person or group can gain cont Show less Read more
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