Priceline to Buy OpenTable for $2.6 Bln - Presented by: The Aol. On Network

Priceline is picking up the tab, a round $2.6 billion for OpenTable, its ticket to the world of restaurant bookings. At $103 per share, that's a 46 percent premium. The deal is expected to close in the third quarter. With limited options in the travel industry, the travel website owner Priceline Group is looking elsewhere to boost revenues.



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