AFP Groupon, the daily deals ecommerce operator which has been struggling since a hot public share offering, said it received a $250 million investment from a private investment fund. Groupon said it would use the cash infusion from Atairos to boost share repurchases and to revive growth. “Our partnership with Atairos will help accelerate our transformation while better positioning us ...

AFP Wall Street stocks opened modestly lower on Monday as Virgin America surged more than 40 percent on news it agreed to be acquired by Alaska Airlines in a $4 billion deal. Five minutes into trade, the Dow Jones Industrial Average stood at 17.771.20, down 21.55 points (0.12 percent). The broad-based S&P 500 shed 2.76 (0.13 percent) to 2,070.02, while ...

Bloomberg Mexican conglomerate Alfa SAB is back in talks to take over Pacific Exploration & Production Corp. with a sweetened bid for the beleaguered Colombian oil producer, according to people with knowledge of the matter. Shares of Pacific jumped. A strong offer by Alfa could win support from Pacific’s biggest investor, O’Hara Administration Co., and the producer’s management, the people ...