The market overvalues the second request of information from the DOJ. The transaction will not harm competition in the industry as there are many players and very low barriers to entry. The CEO of ...
WASHINGTON — Expedia on Thursday won approval from antitrust officials to acquire rival Orbitz, a $1.3 billion deal that some consumer advocates and hotel associations feared would lead to higher ...
NEW YORK -- A wave of deals in the online travel industry has increasingly put some familiar names under two corporate umbrellas: Expedia and Priceline. For now, industry executives and travel experts ...
BELLEVUE, WA -- Expedia is buying rival online travel site Orbitz for approximately $1.33 billion. The deal comes less than a month after Expedia announced the $280 million acquisition of another ...
Shares of Bellevue-based Expedia Inc. fell 6 percent yesterday after rival online travel Web site Orbitz Inc. filed to raise as much as $125 million through an initial public offering. The IPO filing ...