Domestic investment group Pale Fire Capital SE (PFC) has entered into an agreement with US Groupon. PFC acquired a total of 458,794 shares at an average price of $11.55. At a cost around $5.3 million, PFC is a 10% owner of US Groupon. According to E15, the companies will start working closely together, which Groupon confirmed by appointing PFC's founding partner, Dušan Šenkypl, as a member of its board of directors (BoD). The second of the co-founders, Jan Barta, will be in the supervisory body, Groupon announced. Czech PFC Group is Groupon's largest shareholder with about 22%.
Source: www.cianews.cz
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