Priceline Group Inc. stepped up its acquisition spree by buying OpenTable Inc. in a deal valued at $2.6 billion, adding restaurant bookings to an online travel business already spanning flights, hotels and cars.

The all-cash offer of $103 per share for the popular Internet restaurant reservation company is 46 percent higher than OpenTable’s closing price yesterday. The deal is expected to be completed in the third quarter, the companies said in a statement today.

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