Expedia (EXPE) Strikes Deal to Acquire Australian Travel Company Wotif
July 08, 2014 at 09:59 AM EDT
Expedia (EXPE) has agreed to buy Australia’s Wotif.com Holdings Ltd. for roughly $658 million, as the online travel-booking giant looks to expand its presence in the Asia-Pacific region. The Bellevue, Wash.-based company said late Sunday that it offered 3.30 Australian dollars, ($3.09) per share in cash for Wotif including a special dividend of 24 Australian […] View the full post at: Expedia (EXPE) Strikes Deal to Acquire Australian Travel Company Wotif Related posts: Warren Buffett’s Holding Company Reduces Stake in Moody’s Shares Walt Disney to Acquire Marvel Entertainment for $4B Australian Gov’t Warned By BHP Of Risks In Refusing Rio Tinto Bid