Why Priceline Paid $2.6B for OpenTable

June 13 (Bloomberg) -- Priceline is buying OpenTable in a deal valued at $2.6 billion to add restaurant bookings to its travel business as the industry steps up investments in local listings and mobile services. Bloomberg Contributing Editor Paul Kedrosky, Cory Johnson and Jeffrey McCracken comment on Bloomberg Television's “Street Smart.” (Source: Bloomberg)
Hundreds Missing After Cruise Ship Sinks in the Yangtze
51:55 - Bloomberg’s Rosalind Chin reports on today’s top news stories. She speaks on “Trending Business.” (Source: Bloomberg)
  • Takata Turns to Competitors for Help With Airbags
  • Shui On's Lo: China Property Recovery Not Across Board
  • Reorient CEO McGonegal on Jack Ma Fund's Investment