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Thursday, November 8, 2012

PricelineDoTcom acquiring travel company KAYAK for $1.8B in a deal that includes $500M in cash


The price saving website Priceline.com is acquiring travel company Kayak for $500M in cash and $1.3 billion in equity and assumed stock options. This puts the value of Kayak at $1.8B, and prices its stock at $40 per share.

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