Priceline.com Inc. announced today the acquisition of fellow travel website Kayak. Priceline paid approximately $500 million of the consideration in cash and $1.3 billion in equity and stock options. This is big news for Bellevue-based travel giant Expedia, who will now have to compete against a stronger and more robust Priceline. In its earnings report released last… Read More…
It was one year ago today that Zillow competed its initial public offering, a milestone that we noted in our story yesterday on the impressive rise of the online real estate company. Now, two other tech companies are looking to follow in Zillow’s successful path, hoping July 20th marks some magical date. So far, it… Read More…
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