AmEx to buy dining reservation company Tock from Squarespace for £316m

AmEx to buy dining reservation company Tock from Squarespace for £316m
American Express will acquire the dining reservation and event management platform Tock from Squarespace (Alamy/PA)

American Express will acquire the dining reservation and event management platform Tock from Squarespace for 400 million dollars (£316 million) cash.

AmEx began making acquisitions in the dining and event sector with its purchase of Resy five years ago, giving card members access to hard-to-get restaurants and locations.

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