Updated Dec. 8, 2011 at 11:35 a.m.

Premium Lock LivingSocial closes on $176M, wants $400M total in private offering

Published: 2011-12-08 11:13:00
Updated: 2011-12-08 11:35:36

Going Public? LivingSocial

The site makes money by offering deals from local and some national businesses to its customers. These range from spa treatments and pedicures to restaurant meals and weekend getaways. Once the deals are purchased, the company takes a cut before paying the merchant....

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