Priceline Buys Kayak for $1.8 Billion Expanding in Travel

Priceline Buys Kayak for $1.8 Billion Expanding in Travel
Businessweek
Shareholders of Kayak, which held an initial public offering in July, will receive $40 a share, the companies said in a statement yesterday.

Why Priceline Plucked Kayak
CNBC.com
“Kayak enhances Priceline's technology prowess, and provides another brand to acquire customers,” wrote Deutsche Bank analyst Ross Sandler, in a note released on Friday.

Kayak Deal Is It for Now: Priceline CEO
CNBC.com
We're going to be focused in the near-term on getting the Kayak deal closed and making sure we're successful with it.



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