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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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April 11, 2014
10:59 EDTEXPEOptions with increasing implied volatility: EXPE PBI CROX CBS ADSK
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April 10, 2014
15:44 EDTEXPEExpedia May volatility increases to 60 on wide price movement into Q1
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07:38 EDTEXPEExpedia bookings growth potential being overlooked, says FBR Capital
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April 9, 2014
06:20 EDTEXPEGoogle adds more photos, reviews to hotel business, WSJ says
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April 8, 2014
11:27 EDTEXPEOptions with increasing implied volatility: PBR AKAM WDAY EXPE
April 7, 2014
14:18 EDTEXPEGoogle licenses booking software from Expedia-backed startup, Bloomberg says
Tech giant Google (GOOG), which has been bolstering its investments in travel, is now licensing hotel-booking software from Room 77, a startup backed by Expedia (EXPE), reported Bloomberg, citing a letter sent to Room 77 shareholders that was obtained by the news service. Other online travel agencies include Priceline Group (PCLN) and Orbitz Worldwide (OWW). Reference Link

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