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June 13, 2014 07:15 pm GMT
Travel behemoth Priceline this morning said that it planned to gobble up restaurant booking service OpenTable for $2.6 billionin cash, news that sent OpenTable’s share price skyrocketing by nearly 50% to over $104 per share. But, a littlelike a belch after abig meal, swiftly on the heels of that news comes another development: former SEC attorney Willie Briscoe and securities… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_4dA6Yfm-C0/
Pricelines Swallowing Of OpenTable For $2.6B Investigated For Being Too Low
Travel behemoth Priceline this morning said that it planned to gobble up restaurant booking service OpenTable for $2.6 billionin cash, news that sent OpenTable’s share price skyrocketing by nearly 50% to over $104 per share. But, a littlelike a belch after abig meal, swiftly on the heels of that news comes another development: former SEC attorney Willie Briscoe and securities… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/_4dA6Yfm-C0/
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