Friday April 19, 2024 | Last Update: April 19, 2024 EDT
Expedia, Inc. announced in a press release that it will be acquiring HomeAway, Inc. for approximately $3.9 billion in a cash and stock transaction. The transaction is seen as Expedia’s way of trying to compete better with apartment-sharing app Airbnb Inc.
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The U.S. Justice Department has announced in a press release that it won’t be challenging Expedia Inc.’s $1.3 billion acquisition of Orbitz Worldwide, Inc.
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