WSJ reports that Google (GOOG -2.3%) paid ~$125M to acquire restaurant reviews publisher Zagat,...


WSJ reports that Google (GOOG -2.3%) paid ~$125M to acquire restaurant reviews publisher Zagat, about the same amount Zagat was valued at 11 years ago. OpenTable (OPEN) shares are still taking heat from the deal, -5.1%.
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Comments (2)
  • Christopher Grey
    , contributor
    Comments (117) | Send Message
     
    Google got a great deal buying Zagat for $125 million.
    9 Sep 2011, 03:12 PM Reply Like
  • Josh Krause
    , contributor
    Comments (1356) | Send Message
     
    All Google has to do is start offering reservations and they will have replicated OpenTable for 10% of OPEN's market cap.

     

    We'll see if that happens, because if it does, yowza, it would put the 8% drop on Thursday to shame.
    9 Sep 2011, 04:40 PM Reply Like
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