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The Puget Sound Business Journal (Free subscription) | 07/15/2008
Expedia Inc. said it plans to buy online travel agency Venere Net ApA of Rome from Advent International for an undisclosed price. (EXPE)
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Tech Confidential Blog (Free subscription) | 07/15/2008
With its overseas operations growing faster than its domestic business, online travel company Expedia Inc. [EXPE] on Tuesday said it is acquiring Venere Net SpA, an Italy-based provider of...
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Market Watch (Free subscription) | 07/15/2008
LONDON (MarketWatch) -- Expedia Inc. said Tuesday it's agreed to buy Italy-based Venere Net from Advent International and the founding partners for an undisclosed amount. Venere is focused on offering hotel reservations for European customers and has relationships with around 29,000 hotels. The deal will result in the addition of more than 10,000 incremental hotel properties in Europe, the Middle...
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Boston Globe (Free subscription) | 07/09/2008
A former Web content editor for TripAdvisor LLC has filed a complaint in Norfolk Superior Court on behalf of herself and other content providers for the popular travel website, alleging the Newton company, owned by Expedia Inc., violates Massachusetts law by classifying them as independent contractors rather than employees.
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Market Wire - Travel and Hospitality (Free subscription) | 06/30/2008
TORONTO, ONTARIO (MARKET WIRE) Attention: Business, Assignment and Travel editors.
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PR News Wire (Free subscription) | 06/20/2008
BELLEVUE, Wash., June 19 /PRNewswire-FirstCall/ -- Expedia, Inc.
(Nasdaq: ) announced today that it has agreed to sell $400 million of
8.50% senior unsecured notes due 2016 (the "Notes"). The Notes will be
guaranteed by certain subsidiaries of Expedia, Inc. The offering of the
Notes is expected to close on June 24, 2008. Expedia, Inc. plans to use the
net proceeds of the offering to repay borrowings...
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Market Watch (Free subscription) | 06/12/2008
TEL AVIV (MarketWatch) -- Expedia Inc., the Bellevue, Wash., provider of online travel services, plans to offer to institutional investors $500 million of senior unsecured notes guaranteed by certain of its subsidiaries. The notes are expected to mature in eight years, with the closing dependent on market conditions. Expedia said it would use the funds to pay down $330 million of borrowings outstanding...
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Boston Globe (Free subscription) | 06/09/2008
Shares of Orbitz Worldwide Inc. fell Monday after a Citi Investment Research analyst began coverage with a "Hold" rating, saying the online travel company faces strong competition from Priceline.com Inc. and Expedia Inc.
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Tech Confidential Blog (Free subscription) | 05/29/2008
Shares of online travel service Expedia Inc. [EXPE] were trading 7% higher early Thursday after rising 5% Wednesday on rumors the company could be taken private by its chairman, Barry Diller....
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Reuters UK (Free subscription) | 05/28/2008
CARLSBAD, Calif., May 28 (Reuters) - Expedia Inc Chairman Barry Diller on Wednesday dismissed newly resurfaced rumors that the online travel site would be taken private and blamed speculators for trying to make a quick buck.
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The Earth Times Online Newspaper (Free subscription) | 05/28/2008
CARLSBAD, California (Reuters) - Expedia Inc Chairman Barry Diller on Wednesday dismissed newly resurfaced rumors that the online travel site would be taken private and blamed speculators for trying to make a quick buck.