OpenTable IPO
OpenTable provides restaurant reservation and management software, connecting diners with restaurants through its online platform and mobile app. The company was a pioneer in online restaurant reservations and became a valuable acquisition target due to its market-leading position.
What We Know
OpenTable went public in 2009 but was later acquired by Priceline Group (now Booking Holdings) in 2014 for approximately $2.6 billion. The acquisition valued OpenTable at $103 per share, representing a significant premium over its trading price at the time. Booking Holdings saw strategic value in OpenTable's restaurant reservation platform as part of its broader travel and hospitality ecosystem. Since the acquisition, OpenTable has continued to operate as a subsidiary of Booking Holdings, maintaining its brand and expanding its services globally. The company is no longer publicly traded as an independent entity, having been taken private as part of the Booking Holdings portfolio.
Frequently Asked Questions
Has OpenTable had an IPO?
OpenTable completed an IPO in 2009 and traded publicly until 2014. The company was then acquired by Priceline Group (now Booking Holdings) and is no longer an independent public company.
When is the OpenTable IPO date?
OpenTable will not have another IPO as it was acquired by Booking Holdings in 2014. The company now operates as a subsidiary and is not expected to go public again as an independent entity.
How can I buy OpenTable stock?
You cannot buy OpenTable stock directly as it was acquired by Booking Holdings in 2014. If you want exposure to OpenTable's business, you can purchase shares of Booking Holdings (NASDAQ: BKNG), which owns the company.
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