Yahoo! bid for OpenTable unlikely, Business Insider says

theflyonthewall.com

Following a Reuters report that Yahoo! (YHOO) has begun low-level talks to buy OpenTable (OPEN), a source close to Yahoo told Business Insider that the OpenTable idea is "laughable" and seems unlikely. BI said its sources indicate Reuters may have overstated Yahoo's stage in its research of the M&A market and believe that Yahoo will not rush to make a move but will likely buy some company in the ad technology space.

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