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, 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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Expedia to buy Orbitz, further shifting online travel space - Columbia Missourian


Expedia to buy Orbitz, further shifting online travel space
Columbia Missourian
NEW YORK — A wave of deals in the online travel industry has increasingly put some familiar names under two corporate umbrellas: Expedia and Priceline. For now, industry executives and travel experts say, consumers won't notice much of an impact.

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Expedia to Buy Online Travel Site Orbitz For $1.6B - iamWire


iamWire

Expedia to Buy Online Travel Site Orbitz For $1.6B
iamWire
After buying TravelCity earlier this month for $280 million in cash, Expedia has now announced an agreement to acquire its rival Orbitz for $1.6 billion – or $12 per share – in cash, a premium of 29 percent on Orbitz's current share price. Expedia will ...

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Online travel service Expedia to buy Orbitz for $US1.34 billion - The Australian Financial Review


The Australian Financial Review

Online travel service Expedia to buy Orbitz for $US1.34 billion
The Australian Financial Review
The online-travel industry has seen a boom in mergers and acquisitions recently. Last year, Priceline, the largest online- travel company, bought a minority stake in Ctrip.com International. and paid about $US2.5 billion to purchase restaurant ...

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Expedia to buy Orbitz as online travel sector consolidates - Morningstar.com


Expedia to buy Orbitz as online travel sector consolidates
Morningstar.com
Orbitz sells online travel services through its namesake site, as well as ebookers.com and CheapTickets.com, among others. Expedia, for its part, has spent the past year buying brands in an effort to add new customers. The company in November closed a ...

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Online travel agency Expedia to buy rival Orbitz for $1.33 bln - Reuters


Online travel agency Expedia to buy rival Orbitz for $1.33 bln
Reuters
REUTERS - Online travel company Expedia Inc said on Thursday that it would buy Orbitz Worldwide Inc for about $1.33 billion in cash to bring on the rival's programmers and widen its customer base. While Expedia and larger rival Priceline Group, have ...

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Expedia to Buy Orbitz, Further Shift in Online Travel Space - ABC News


Reuters

Expedia to Buy Orbitz, Further Shift in Online Travel Space
ABC News
A wave of deals in the online travel industry has increasingly put some familiar names under two corporate umbrellas: Expedia and Priceline. For now, industry executives and travel experts say, consumers won't notice much of an impact. They will still ...
Online travel agency Expedia to buy rival Orbitz for $1.33 billionReuters
Traveling together: Expedia to buy rival OrbitzUSA TODAY

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