New York Times Says Groupon To IPO By End Of 2011

is reporting that Groupon is going to IPO before the end of 2011. Earlier in the week, Groupon raised $950 million in preferred stock, at $31.59 per share. This is the largest round of equity financing since Pixar (NYSE:

) in 1995. The Chicago-based tech company tech has received funding from big institutional investors such as Fidelity Investments, T. Rowe Price and Morgan Stanley, the newspaper said. Local.com Corp. (NASDAQ:

), SuperMedia Inc (NASDAQ:

), Dex One Corporation (NYSE:

), Web.com Group, Inc. (NASDAQ:

) and GSI Commerce, Inc. (NASDAQ:

) could see some volatility today based off this report.