Priceline CEO Letter to OpenTable Employees: We Are Not Heavy-Handed


Skift Take

In the last couple of months the Priceline Group has acquired OpenTable, Buuteeq, Hotel Ninjas and Qlika. The big speculation is what lucky startup will be the next to get a Darren Huston letter to employees.

Three days after announcing that it would acquire OpenTable for $2.6 billion, Priceline Group CEO Darren Huston sought to assure OpenTable's roughly 664 employees that "the Priceline Group is not a heavy-handed parent." "To start with, 99.9% of resources are within the Brands [Booking.com, Kayak, Priceline.com, Agoda and Rentalcars.com], not in the Group," Huston wrote in the letter filed with SEC [embedded below]. "We have a natural aversion to artificial 'synergies' or top-down direction. Rather, we pride