Not only has online resy site OpenTable set its IPO terms (3 million shares at $12-$14 each), but in the face of a recession that has hit the restaurant industry particularly hard, the company actually managed to turn a profit last quarter. It's expecting to make $16 million from the offering. [BT]
Filed under:
OpenTable Unleashed
The Latest
The Best Dishes Eater Editors Ate This Week
Follow Eater editors each week as they share their favorite dishes around town
