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| VIEW EVENT INFORMATION: Priceline |
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Yelp, Zillow And Groupon Rise In Wake Of OpenTable Acquisition Announcement |
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About the organization Priceline:
Type: Business
Sub-Types: Website, Travel, Transport, E-Commerce, Application Software, Telecommunication Software |
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Notable Organizations: Priceline, Techcrunch
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| The $2.6 billion acquisition of OpenTable by Priceline bounced a number of companies’ share prices today, including a 3.91 percent rise for Groupon, and a 2.39 percent bump for Zillow. Yelp, however, shot north 13.79 percent.
Investors seem to be betting that, in the wake of the OpenTable deal — executed at a more than 40 percent premium — other companies that are local… |
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