Friday, July 8, 2011

Warren Buffett; Buffett to peruse Groupon's IPO filing, Buffett eyes Groupon, Exelon, ADM


Renowned investor Warren Buffett will read Groupon Inc.'s filings for an initial public offering, according to a report.

Mr. Buffett told Bloomberg TV he hopes to buy another company this year and that Chicago-based Exelon Corp. and Decatur-based Archer Daniels Midland Co. are the types of firms that interest him.

He declined to comment on specific targets to Bloomberg TV.

ADM's stock was up a little less than 1% in premarket trading Friday.

Groupon, ADM and Exelon declined to comment to Crain's.

Chicago-based Groupon, a dail-deal coupon site, filed last month for an IPO. Read More

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