Priceline Buying OpenTable For $2.6 Billion In Cash
June 13, 2014 at 08:20 AM EDT
Hotel booking site Priceline has agreed to acquire reservation booking company OpenTable for $2.6 billion in cash, adding the leader in digital reservations to its portfolio, the Wall Street Journal reports. OpenTable has over 31,000 restaurants on board its platform, and sees an average of 15 million people book reservations on its site and mobile apps per month. Priceline offered $103 per… Read More