Expedia buying Travelocity for $280M
January 23, 2015 at 09:44 AM EST
Expedia Inc. said it's purchased Travelocity from Sabre Corp. for $280 million in cash. "Travelocity is one of the most recognized travel brands in North America, offering thousands of travel destinations to more than 20 million travelers per month," said Dara Khosrowshahi, Expedia president and CEO, said in a statement...