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News in brief

Priceline buys OpenTable for $2.6bn

News in brief

Priceline, the world’s leading accommodation booking platform, is to buy restaurant booking service OpenTable for $103 per share in an all-cash transaction valued at US$2.6billion. OpenTable, which has been testing mobile payments in San Francisco, has seated more than 125million diners worldwide while one million guests stay in accommodation booked by Priceline every night.

Filed by Email Sarah Clark nfcworld.com Published • Last updated 13 June 2014, 14:41

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