Needham & Company Comments on Yelp (YELP) Amid Priceline/OpenTable Deal
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Internet Stocks on Watch as Priceline.com (PCLN) Pays $103/Share for OpenTable (OPEN)
June 13, 2014 7:57 AM EDTIn addition to Yelp (NYSE: YELP), Angie's List (NASDAQ: ANGI), Groupon (NASDAQ: GRPN) and GrubHub (NYSE: GRUB) are higher on news Priceline.com, Inc. (NASDAQ: PCLN) will pay $103 per share for OpenTable (NASDAQ: OPEN).
... MoreUPDATE: Yelp (YELP) Gains on Opentable Halt (OPEN)
June 13, 2014 7:51 AM EDT(Updated - June 13, 2014 7:57 AM EDT)
Yelp (NYSE: YELP) gained after shares of OpenTable (Nasdaq: OPEN) were halted. DJ reported that Priceline.com, Inc. (NASDAQ: PCLN) plans to buy the company for $103 per share. Groupon (NASDAQ: GRPN) shares are also higher.
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