Google Paid $125 Million for Zagat

Google Inc. paid around $125 million to buy restaurant-reviews company Zagat Survey LLC, said a person familiar with the matter.

The Internet giant on Thursday announced the deal but didn’t disclose the price it paid for the New York-based company, whose cache of millions of reviews about restaurants and other attractions will help Google beef up its search engine’s ability to provide information about local businesses.

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Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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