"Priceline makes a $1.8 billion deal for Kayak" by Katie Johnston and Michael B. Farrell |
Globe Staff, November 08, 2012
Kayak Software Corp., the New England company known for its quirky
office culture and colorful executives as well as its speedy travel
searches, will be acquired by Priceline.com Inc. for $1.8 billion in
cash and stock, the companies said Thursday.
The merger, if approved by shareholders, would join two of the
best-known brands for booking hotels, rental cars, and airline tickets
over the Internet. The deal would help Priceline build its US market,
analysts said, while gaining access to Kayak’s Internet and mobile
technology — and its stable of technologists....
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