SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Today's Transactions:
OpenTable Buys Foodspotting for $10M

Foodspotting is a mobile application that allows users to share photographs of food at restaurants

OpenTable Inc. (Nasdaq: OPEN) is buying Foodspotting, a mobile application used to find and share dishes at restaurants, for $10 million in cash.

OpenTable allows users to make online restaurant reservations. The company plans to integrate Foodspotting’s images of dishes at restaurants to help diners decide where to eat. OpenTable also plans to integrate Foodspotting’s social sharing technology into the company.

OpenTable recently added food photos through a collaboration with Foodspotting.

The deal is the latest course in food-related M&A. Google Inc. (Nasdaq: GOOG) bought Zagat in September 2011 for $200 million. In October 2011, online and mobile food ordering service Seamless agreed to buy MenuPages.

OpenTable acquired Toptable.com, a U.K.-based restaurant reservation site, for $55 million in September 2010.

For More, see "IPO Insight: Time for Yelp to Dine Out on Acquisitions."

 

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