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Stock Market & Financial Investment News

News Breaks
June 26, 2014
16:31 EDTEXPEExpedia announces agreement to acquire Auto Escape Group
Expedia announced it entered into a definitive agreement to acquire Auto Escape Group, one of Europe's leading online car rental reservation companies from private equity fund Montefiore Investment and certain members of the AutoEscape Group's management team. Upon closing, Auto Escape Group will become a part of the CarRentals.com brand and report into Henrik Kjellberg, President of the Hotwire Group. Expedia expects the deal to close during the third quarter pending receipt of regulatory approval. Additional terms were not disclosed.
News For EXPE From The Last 14 Days
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October 13, 2014
10:00 EDTEXPEExpedia October calls active on renewed takeover chatter
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09:46 EDTEXPERumor: Expedia moves up on renewed takeover chatter
Shares of Expedia are moving higher on takeover speculation emanating from the following link. Reference Link

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