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Stock Market & Financial Investment News

News Breaks
December 21, 2012
10:46 EDTEXPEExpedia agrees to acquire majority of trivago for $632M
Expedia announced entry into a definitive agreement to acquire a 61.6% equity position in trivago, a metasearch company headquartered in Dusseldorf, Germany, for total consideration of approximately $632M, based on current exchange rates, including EUR434M in cash as well as EUR43M in Expedia common stock. Expedia expects the deal to be accretive to adjusted earnings per share in 2013. The deal is anticipated to close during the first half of 2013 pending approval from relevant competition authorities. Post close, the trivago co-founders and management team will continue to operate independently based out of trivago's headquarters in Germany.
News For EXPE From The Last 14 Days
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17:28 EDTEXPEHotels add perks to compete with Priceline, Expedia, NY Times says
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August 25, 2015
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