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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read UPDATE 1-Los Alamos scurries to protect nuclear lab from fire 28 Jun 2011 Violence flares before key Greek austerity vote | 8:58am EDT Instant view: Greek parliament votes for austerity plan 9:40am EDT France airlifts arms to bolster Libyan rebels | 4:42pm EDT Honey, will you marry... Oh. Never mind... 14 Mar 2008 Discussed 221 Biden deficit-cut talks hit impasse: Rep. Cantor 114 Fragile economy pushed Obama to tap oil reserves 97 Top Republicans insist no taxes in debt deal Watched A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 China's luxury fast train debuts Mon, Jun 27 2011 LivingSocial moving ahead with $1 billion IPO: report Tweet Share this Email Print Related News Fed extends currency swap lines with ECB - WSJ 8:01am EDT LivingSocial expands in Asia, Netherlands, Mideast Mon, Jun 27 2011 Chile central bank chief - rate near neutral level Tue, Jun 21 2011 Ivory Coast bond under pressure from coupon worries Mon, Jun 13 2011 Nigeria interbank rates rise on cash reserves hike Fri, Jun 10 2011 Analysis & Opinion Counterparties Spas: Weak economy creates deals on feel-good services Related Topics Technology » NEW YORK | Wed Jun 29, 2011 4:20pm EDT NEW YORK (Reuters) - LivingSocial met with banks this week to discuss an IPO of about $1 billion, CNBC reported on Wednesday. The online coupon company is expected to pick lead underwriting banks by the end of the week and the IPO is expected to value it at $10 billion to $15 billion, according to the report. LivingSocial is expected to have about $1 billion in revenue this year and is expected to be free cash flow positive by 2012, according to the report. LivingSocial was not immediately available for comment. (Reporting by Clare Baldwin; Editing by Phil Berlowitz) Technology Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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