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LivingSocial Said To Near Naming JPMorgan As One Of IPO Banks

JPMorgan Chase & Co. signage is displayed in front of the headquarters building in New York, U.S. in New York, U.S., on Friday, July 8, 2011. LivingSocial, the second-largest daily-coupon site, is close to hiring JPMorgan Chase & Co. as one of the banks to manage its initial public offering, a person with knowledge of the talks said. Photographer: Jin Lee/Bloomberg via Getty Images