Sun, Dec 28, 2014, 8:27 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

OpenTable, Inc. (OPEN) Message Board

  • tripplevy12 tripplevy12 Jun 13, 2014 4:56 PM Flag

    BUYOUT OF OPENTABLE - LAW FIRM SEEKS HIGHER PRICE FOR SHAREHOLDERS

     

    June 13, 2014
    New York, New York

    Tripp Levy PLLC, a leading shareholder rights law firm is investigating the acquisition of OpenTable on behalf of shareholders. Priceline and OpenTable announced that they have entered into a merger agreement where Priceline would pay $103 per share for each OpenTable common share.

    The investigation concerns whether OpenTable engaged in a full and fair auction and process before entering into the deal with Priceline, whether the terms in the merger agreement including a provision that prevents the shopping of the company for a higher price and a penalty fee of $91 million should another company even make an unsolicited offer is fair to shareholders and in their best interests to obtain a higher price. Further, whether senior executives of Opentable obtained personal benefits and were acting in their own self interests in selling the company. Indeed, the stock is currently trading well above the offer price ($104.50)

    If you are a shareholder of open table and would like additional information at no cost or expense please contact 1 800 511 7037 or visit our website at tripplevy

    attorney advertising

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
OPEN
102.950.00(0.00%)Jul 23 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
PG&E Corporation
NYSEFri, Dec 26, 2014 4:02 PM EST
Rice Energy Inc.
NYSEFri, Dec 26, 2014 4:02 PM EST