Expedia to buy Orbitz for $1.3 billion in latest online travel deal

In a deal that would unite two of the biggest online travel agencies, Expedia announced Thursday that it is buying competitor Orbitz for about $1.3 billion in cash.

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Expedia to buy Orbitz as online travel booking consolidation continues

Online travel agency Expedia announced Thursday that it is buying competitor Orbitz for about $12 a share, or about $1.3 billion.

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Expedia will buy travel rival Orbitz for $1.33 billion (+video)

Expedia announced Thursday that it would buy rival online travel site Orbitz for about $1.33 billion, further consolidating the travel booking industry. Shares of Orbitz are up more than 23 percent in premarket trading and Expedia is up 5 percent on the announcement. 

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Expedia buys rival travel Orbitz

US online travel operator Expedia announced plans Thursday to buy rival Orbitz Worldwide for about $1.6 billion, in a move that further consolidates the sector. Expedia will pay $12 in cash for each Orbitz share, in the takeover approved by the companies' boards of directors. Dara Khosrowshahi, Expedia’s chief executive, said the deal is part of a strategy “to own and power the very best travel ...

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Expedia to buy Orbitz for $1.3 billion - Rapid City Journal


Daily Sabah

Expedia to buy Orbitz for $1.3 billion
Rapid City Journal
Expedia is also in the process of buying Travelocity. In a conference call with analysts, CEO Dara Khosrowshahi said that even though big in the online segment, his company is "only a small player" in a $1.3 trillion travel market that includes giants ...
Expedia Buys Orbitz, Creating Online Booking Mega-Agency; What it Means for ...Money Talks News (blog)
Expedia buys Orbitz, another shift in online travel spaceDaily Sabah
Expedia Booking Positive Reviews For Orbitz Bu y EXPE OWW PCLNInvestor's Business Daily

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Expedia buys rival travel operator Orbitz for $1.6 bn

US online travel operator Expedia announced plans Thursday to buy rival Orbitz Worldwide for about $1.6 billion, in a move that further consolidates the sector. Expedia will pay $12 in cash for each Orbitz share, in the takeover approved by the companies' boards of directors. The price represents a 29 percent premium over the most recent share price of Orbitz, the companies said in a statement ...

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Expedia to buy Orbitz, further shift in online travel space - Quad-Cities Online


Quad-Cities Online

Expedia to buy Orbitz, further shift in online travel space
Quad-Cities Online
A sign for online travel site Orbitz is displayed outside of the building that houses its headquarters Thursday, Feb. 12, 2015, in Chicago. Expedia is buying Orbitz for approximately $1.33 billion, adding to the stable of brands it has snapped up ...
Traveling together: Expedia to buy rival OrbitzUSA TODAY

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Expedia Buys Orbitz, Creating Online Booking Mega-Agency; What it Means for ... - Money Talks News (blog)


Daily Sabah

Expedia Buys Orbitz, Creating Online Booking Mega-Agency; What it Means for ...
Money Talks News (blog)
Just weeks after purchasing Travelocity, Expedia is buying another online booking rival, Orbitz, for $1.6 billion. Expedia bought Travelocity in January for $280 million, USA Today reported. The Orbitz merger means Expedia now controls its namesake ...
Expedia buys Orbitz, another shift in online travel spaceDaily Sabah
Online travel site Expedia is buying its rival Orbitz for $1.33 billion to ...MicroCap Observer

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Expedia buys Orbitz, another shift in online travel space - Daily Sabah


Daily Sabah

Expedia buys Orbitz, another shift in online travel space
Daily Sabah
They will still have plenty of options for booking flights, hotel rooms and vacation packages, including shopping directly with airline and hotel websites. Expedia said Thursday that it is buying rival Orbitz Worldwide Inc. for about $1.3 billion. The ...
Expedia Booking Positive Reviews For Orbitz Bu y EXPE OWW PCLNInvestor's Business Daily
Online travel site Expedia is buying its rival Orbitz for $1.33 billion to ...MicroCap Observer
US Airlines, Hotels Wary Of Expedia-Orbitz MergerAirwise

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Expedia to buy Orbitz, shifts online travel space - Salt Lake Tribune


Salt Lake Tribune

Expedia to buy Orbitz, shifts online travel space
Salt Lake Tribune
A sign for online travel site Orbitz is displayed outside of the building that houses its headquarters Thursday, Feb. 12, 2015, in Chicago. Expedia is buying Orbitz for approximately $1.33 billion, adding to the stable of brands it has snapped up ...

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