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Stock Market & Financial Investment News

News Breaks
June 13, 2014
07:52 EDTOPEN, PCLNOpenTable to be acquired by Priceline for $103 per share, or $2.6B, WSJ says
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News For OPEN;PCLN From The Last 14 Days
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July 25, 2014
11:06 EDTPCLNZillow, Trulia continue climb after takeover talks report seen as 'credible'
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08:18 EDTPCLNZillow, Trulia merger story viewed as credible at Deutsche Bank
Deutsche Bank views Bloomberg's report of merger talks between Zillow (Z) and Trulia (TRLA) as credible, saying the deal would make a lot of sense. The firm says Trulia shares would be worth around $63 in a takeover when using Priceline's (PCLN) acquisition of OpenTable as a comparison. Even at that price, the firm sees nearly 20% upside for Zillow's enterprise value should an acquisition occur. Deutsche notes that neither company has denied yesterday's report, nor has either company announced an earnings date. It cautions, though, that the potential merger could easily fall apart as well. It has a Buy rating on Trulia and Hold rating on Zillow.
July 24, 2014
08:23 EDTOPEN, PCLNPriceline completes OpenTable tender offer
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July 23, 2014
11:24 EDTPCLNIndustry data points to strong Q2 for online travel names, says Piper Jaffray
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July 16, 2014
18:03 EDTOPEN, PCLNMedAssets to replace OpenTable in S&P 600 as of 7/23 close
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