Travel website owner buy restaurant reservation website operator

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Travel website owner buy restaurant reservation website operator

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Travel website owner Priceline- CEO Darren Huston will buy restaurant reservation website operator OpenTable for $2.6 billion, aiming to broaden its offerings in an increasingly competitive online travel industry. Priceline’s offer of $103 per share for the owner of OpenTable.com represents a premium of 46 percent to OpenTable. – PowerPoint PPT presentation

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