Friday, November 9, 2012

Priceline agrees to acquire Kayak Software for $1.8 billion

The deal would boost the online travel service's customer base as it wrestles with a sluggish economy and newer, more nimble rivals.

Priceline.com, the popular online travel service, agreed Thursday to acquire Kayak Software Corp. for $1.8 billion, a deal that would boost Priceline's customer base as it wrestles with a sluggish economy and newer, more nimble rivals.


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