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MistySteel

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MistySteel

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Thursday, 09/08/2011 11:55:09 AM

Thursday, September 08, 2011 11:55:09 AM

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Google acquires Zagat to enhance local offering
Google (GOOG) announced on its corporate blog the acquisition of restaurant reviewer Zagat. Google said, "Zagat will be a cornerstone of our local offering—delighting people with their impressive array of reviews, ratings and insights, while enabling people everywhere to find extraordinary (and ordinary) experiences around the corner and around the world." News of the deal seemed to spur a sell-off in shares of OpenTable (OPEN), provider of online restaurant reservations theflyonthewall.com
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