Tim and Nina Zagat are putting the little burgandy guides on the market: "People briefed on the company’s finances suggest the company could be valued at more than $200 million, which would still be a drop in the bucket for an Internet company or a wealthy executive." The Zagat's started the guides in 1979 as a two-page typed list of New York restaurants compiled from reviews from friends; now they sell more than 5.5 million copies a year. We see Barry Diller's (IAC, which owns Citysearch) name written all over this. [NY Times]
Filed under:
Zagat Up For Sale
The Latest
Filed under:
Two-Michelin-Starred Washington D.C. Restaurant Jônt Is Opening in Los Angeles
Hive Hospitality will open Jônt, plus an a la carte dinner restaurant at the SLS Hotel in Beverly Hills
Filed under:
A New Pasta Haven Just Popped Up in Atwater Village Seemingly Overnight
Find plenty of noodles, oodles of wine, and only 20 seats at Spina
