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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.
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September 16, 2014
07:57 EDTEXPEFBN Securities to hold a tour
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