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Spanish Restaurant Booking Startup Restalo Acquires Local Rival Restaurantes.com

 Spanish restaurant booking startup Restalo, which is very similar to the much larger Open Table, has acquired local competitor Restaurantes.com to consolidate its leading position in Spain. Terms of the deal aren’t being disclosed, though I’m hearing from sources that the acquisition price sits in the “mid single million euro” range, so up to €5 million. If that it… Read More