The New York Times
Thursday, September 8, 2011 -- 12:09 PM EDT
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Google to Buy Zagat, Publisher of Restaurant Guides
Google has agreed to buy Zagat, the longtime guide to restaurants around the country, in an effort by the search giant to expand its local offerings.
Terms of the transaction, including price, were not disclosed.
Known for its 30-point scale and its quote-laden reviews, Zagat has grown from a two-page typed list to a global empire with millions of loyal readers and reviewers happy to rave about their favorite restaurants and bars.
But the company has faced several challenges in recent years, notably a slew of Internet-based competitors who provide an alternative outlet for restaurant reviews.
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http://dealbook.nytimes.com/2011/09/08/google-to-buy-zagat/?emc=na
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