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Priceline to buy OpenTable for $2.6 bln
June 13, 2014 / 12:10 PM / 3 years ago

Priceline to buy OpenTable for $2.6 bln

June 13 (Reuters) - Travel website owner Priceline Group Inc said it would buy restaurant reservation website operator OpenTable Inc for $2.6 billion in an all-cash deal.

The offer of $103 per share represents a premium of 46 percent to OpenTable’s Thursday close. (Reporting by Rohit T. K. in Bangalore; Editing by Maju Samuel)

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