Starbucks chief executive Howard Schultz has joined the board of directors at Groupon, the group-buying website said Thursday. Groupon also received an investment from Maveron LLC, a venture capital firm co-founded by Schultz. Groupon would not offer details on the amount of the investment, but Maveron was reportedly among a group of investors in a recent round of financing that raised $950 million to grow the brand globally. Last month, Groupon reportedly turned down a $6 billion ...
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Contact: Desiree Torres Desiree.Torres@penton.com