Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday February 14, 2015

Expedia to Buy Orbitz for $1.6 Billion

Expedia has shown an appetite for growth in the past few months, gobbling up rival Travelocity for $280M last month and now has its sights squarely on Orbitz Worldwide for the hefty price of $1.6 Billion.

For Expedia, the acquisition is primarily about growing its customer base: The companies offer similar services in overlapping markets.

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