LivingSocial, the number two player after Groupon in the booming daily deals market, has selected three Wall Street banks to underwrite its initial public offering, CNBC (NSDQ: CMCSA) reported Friday. Bank of America’s Merrill Lynch division, Deutsche Bank and J.P. Morgan Chase will lead the IPO, which is expected to raise $1 billion. That means none of the major Wall Street banks will be left out of the daily deals IPO rush: the other three big banks, Morgan Stanley, Goldman Sachs, and Credit Suisse, are running Groupon’s IPO. Everybody’s a winner!
Teri Hatcher Lauren Bush Natalie Zea Brody Dalle Taryn Manning
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