Loaded

Yup, Google Handed Zagat a Fat Wad of Cash

How do you pronounce <em>Zagat</em> now? With envy.
How do you pronounce Zagat now? With envy.

Tim and Nina Zagat have been quite tight-lipped about selling Zagat to Google, and now we know why: They’re busy being rich. According to Eater, who uncovered the mysterious selling cost in Google’s quarterly report to the Security and Exchange Commission, Google paid $151 million in cash for the company. Which means the Zagats (who had originally hoped for $200 million) are probably on a yacht off Monaco, sleeping like babies in a big bed of money, dripping in emeralds instead of redundant Michael White reviews. Or maybe they’re just being discreet. [Eater]

Yup, Google Handed Zagat a Fat Wad of Cash