Posted Jun. 13, 2014 at 11:13 a.m.

Premium Lock Book this: Priceline buying OpenTable for $2.6 Billion

Published: 2014-06-13 11:13:19
Updated: 2014-06-13 11:13:19

Priceline pitchman Biill Shatner Priceline.com
Tags: Internet

Hotel and travel booking site Priceline.com is buying restaurant reservation service OpenTable for $2.3 billion in cash. The Priceline Group Inc. (NASDAQ: PCLN) will acquire OpenTable Inc. (NASDAQ:OPEN) for $103 a share, a 46 percent increase over its closing price Thursday. OpenTable shares soared on the news, rising to 47 percent to $103.63 in mid-morning trading Friday....

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