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All Posts Tagged Tag: ‘Kayak’

Hawaii Kayaker Lucky To Be Alive

The Coast Guard is saying a man is lucky to be alive after he attempted to travel from California to Hawaii in a kayak. The 57-year-old man left Monterey on May 30 and planned on making the 2,400 mile journey to Hawaii in only a kayak. The craft he was paddling was equipped with a solar panel to power the …

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Extreme Kayaker Dies 2 Days After Showtime Profile

Andrews, North Carolinian kayaker Shannon Christy, 23, was recently profiled on Showtime’s “60 Minutes Sports,” on the Great Falls of the Potomac River, 14 miles upstream from Washington, D.C. Two days later, on July 11th, Christy drowned during a run through the “Five Fingers” of the falls, said to be the one of the steepest drops in the world. Sadly, …

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Five U.S. Kayakers Rescued in Tajikistan

Five American kayakers who went missing several days ago in Tajikistan have been rescued. A helicopter search team located the men, and they are being transported to Dushanbe, the nation’s capital. One of the rescued has a broken leg, and the other four are in good condition. The kayaking group, consisting of Ben Luck, Cooper Lambla, Matt Klema, Nate Klema …

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Priceline Wins FTC Approval For Kayak Acquisition [Report]

Priceline announced in November that it had signed an agreement to acquire Kayak in a deal valued at $1.8 billion ($40 per share of Kayak). Priceline would pay about $500 million in cash and $1.3 billion in equity and assumed stock options. The Federal Trade Commission reportedly said that it has granted its approval of the deal. Reuters reports that …

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Priceline Buys Kayak: What Does This Mean For Fairsearch?

On Thursday, Priceline announced that it has entered into an agreement to acquire Kayak. The deal is worth about $1.8 billion. “Kayak has built a strong brand in online travel research and their track record of profitable growth is demonstrative of their popularity with consumers and value to advertisers,” said Priceline Group President and CEO Jeffery H. Boyd. “Kayak also …

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Priceline To Acquire Kayak For $1.8 Billion

Priceline announced today that it has signed an agreement to acquire Kayak in a deal valued at $1.8 billion ( $40 per share of Kayak). Priceline will pay approximately $500 million in cash and $1.3 billion in equity and assumed stock options. “Kayak has built a strong brand in online travel research and their track record of profitable growth is …

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Facebook Shuts-Down Kayak’s Plans to Go Public

Just weeks ago, right before Facebook’s much anticipated initial public offering, Kayak announced that they were ready to go public in a deal that would raise as much as $150 million. The plan was to let the mighty momentum from the Facebook IPO carry their offering into success. Today, the Connecticut-based online-travel service announced plans to postpone their roadshow and …

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Kayak Travel Search Engine Going Public Next Week

You might remember Kayak, a popular travel search site, filed for an IPO back at the end of 2010, but poor market conditions caused them to hold off. As Robert Birge, Kayak’s chief marketing officer put it, “some companies have no choice but to move forward into…unsettled markets, we are happy to wait; it’s just that simple”. Apparently things must …

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Kayak Shark Attack: California Man Bullied by Great White

Kayak shark attacks are apparently frequent enough to prompt someone to write an exceptionally helpful article about what you’re supposed to do should the situation present itself. I’m sure Joey Nocchi wished he had a copy handy when a 14-foot great white shark attempted to transform his afternoon into a light snack. Nocchi was having an enjoyable adventure in his …

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