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September 01, 2020 10:18am
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LivingSocial Pays Up $29.4 Million In Stock For Recent International Acquisitions

LivingSocial recently issued stock worth $29.4 million in relation to one or more acquisitions, according to two new SEC filings. The filings show that LivingSocial issued equity valued at $24.6 million and $4.8 million on June 21 and June 22nd, respectively. Just a few days later, LivingSocial announced the acquisitions of international daily deal sites Ensogo (in Thailand and the Philiipines), its subsidiary DealKreken (Indonesia) and GoNabit (which operates in the Middle East).
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