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06-13-2014, 05:53 PM
Priceline Is Buying OpenTable for $2.6 Billion
http://rack.3.mshcdn.com/media/ZgkyMDE0LzA2LzEzLzAwL09wZW5UYWJsZTEuMDUwNmUuanBnCn AJdGh1bWIJNTc1eDMyMyMKZQlqcGc/21c7edd0/a63/OpenTable1.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Priceline+Is+Buying+OpenTable+for+%242.6+Bill ion&src=http%3A%2F%2Fmashable.com%2F2014%2F06%2F13%2Fp riceline-buys-opentable%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F06 %2F13%2Fpriceline-buys-opentable%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Priceline.com is buying restaurant booking service OpenTable for $2.3 billion, the travel company an**unced Friday, paving the way for a new line of business for the online bidding firm.
The company is offering $103 a share for OpenTable, which is 46% more than its closing price on Thursday. Priceline is hoping to close the deal in the second quarter
See also: If Your Food Told the Brutal Truth (http://mashable.com/2014/05/05/david-olenick-art/?utm_medium=feed&utm_source=rss)
"OpenTable is a great match for The Priceline Group. They provide us with a natural extension into restaurant marketing services and a wonderful and highly-valued booking experience for our global customers," Darren Huston, president and CEO of The Priceline Group said in a statement (http://ir.pricelinegroup.com/releasedetail.cfm?ReleaseID=854575) Read more... (http://mashable.com/2014/06/13/priceline-buys-opentable/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Opentable (http://mashable.com/category/opentable/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Priceline (http://mashable.com/category/priceline/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Work Play (http://mashable.com/category/work-play/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/gRC9ULAduP8
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Priceline.com is buying restaurant booking service OpenTable for $2.3 billion, the travel company an**unced Friday, paving the way for a new line of business for the online bidding firm.
The company is offering $103 a share for OpenTable, which is 46% more than its closing price on Thursday. Priceline is hoping to close the deal in the second quarter
See also: If Your Food Told the Brutal Truth (http://mashable.com/2014/05/05/david-olenick-art/?utm_medium=feed&utm_source=rss)
"OpenTable is a great match for The Priceline Group. They provide us with a natural extension into restaurant marketing services and a wonderful and highly-valued booking experience for our global customers," Darren Huston, president and CEO of The Priceline Group said in a statement (http://ir.pricelinegroup.com/releasedetail.cfm?ReleaseID=854575) Read more... (http://mashable.com/2014/06/13/priceline-buys-opentable/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Opentable (http://mashable.com/category/opentable/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Priceline (http://mashable.com/category/priceline/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Work Play (http://mashable.com/category/work-play/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/gRC9ULAduP8