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Has Pricelline Group Inc (NASDAQ:PCLN) Overpaid To Buy Open Table Inc (NASDAQ:OPEN)?

Boston, MA 06/16/2014 (wallstreetpr) – The definitive agreement reached by online travel company Priceline Group Inc (NASDAQ:PCLN) with Open Table Inc (NASDAQ:OPEN) to buy the company for about $2.6 billion in cash raised a question whether the online travel company has paid a higher premium than it commands. However, there is no doubt that the acquisition […]

Yelp Inc (NYSE:YELP) Seen As The Next Potential Acquisition Target; Surges In Pre-Market Trading

Boston, MA 06/16/2014 (wallstreetpr) – Yelp Inc (NYSE:YELP) and GrubHub Inc (NYSE:GRUB) rose on speculations that they are going to be the next targets for a potential takeover after OpenTable Inc (NASDAQ:OPEN)’s $2.6 million acquisition. Recent Acquisitions In February, WhatsApp was acquired by Facebook Inc (NASDAQ:FB) for $19 million. Post that, recently OpenTable was approached by […]

Groupon Inc (NASDAQ:GRPN) Surges, As Investors Perceive A Strategic Takeover

Boston, MA 06/16/2014 (wallstreetpr) – Groupon Inc (NASDAQ:GRPN) witnessed a strong surge on June 13, powered by voluminous trade activity. GRPN had soared up from 6.01, rising by 3.91 till the day’s end, as an online travel company – Priceline Group Inc (NASDAQ:PCLN) acquired OpenTable Inc (NASDAQ:OPEN). Groupon Inc (NASDAQ:GRPN) is a reliable eCommerce marketplace that notably […]