Tuesday, January 15, 2008

Zagat May Be Up for Sale

The publisher of Zagat, a popular series of restaurant guides where readers get to review dining spots, is in talks to find a potential buyer.

According to Bloomberg.com, the founders of Zagat are also looking into joint ventures or partnerships.

The selling price of Zagat could be more than $200 million, according to the New York Times.

Zagat restaurant guides are centered around the opinions of its readers, who vote on food, decor, and service. In addition to restaurants, there are Zagat guides for other areas of interest, including hotels and nightlife.