Priceline to acquire OpenTable Inc.

Priceline has negotiated a $2.6 billion entree into the restaurant business.

The global travel booking king announced Friday it is acquiring OpenTable Inc. in a deal that would put Priceline into a new business doing for restaurant reservations much what it does for hotel bookings.

The deal should give Priceline a new way to cater to its increasingly mobile-savvy customers, while parlaying Priceline’s global reach to expand OpenTable to other countries. UBS AG Enh BC Growth ETN800-914-8566 6.66% 37.66% Saratoga:Lg Cap Val;I 800-807-3863 8.50% 32.59% Saratoga:Lg Cap Val;A* 800-807-3863 8.31% 32.02% Saratoga:Lg Cap Val;C 800-807-3863 8.04% 31.23% Thornburg Value;R5 800-847-0200 6.49% 29.22% Thornburg Value;I 800-847-0200 6.50% 29.21% Thornburg Value;R4 800-847-0200 6.36% 28.89% Thornburg Value;R3 800-847-0200 6.33% 28.75% Thornburg Value;A* 800-847-0200 6.33% 28.74% Turner All Cap Gro;Inv 800-224-6312 4.61% 28.56% Thornburg Value;C 800-847-0200 5.96% 27.71% Thornburg Value;B 800-847-0200 5.88% 27.49% Dreyfus Lg Cap Growth;I 800-645-6561 5.40% 26.81% Baird LargeCap;Inst 800-792-2473 5.43% 26.76% Dreyfus Lg Cap Growth;A* 800-645-6561 5.39% 26.60%

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