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Getting Towards Fair Value for Groupon: Economist

Tuesday, 19 Jun 2012 | 5:20 AM ET

"I think we are getting towards a point of fair value for Groupon, I wouldn't be going gangbusters for Groupon however there is some reason to believe that they will be able to continue to cut back on their customer acquisition cost and to continue to grow revenue," Max Wolff, chief economist at GreenCrest Capital, told CNBC.