All Posts Tagged Tag: ‘Priceline’

Priceline Buys OpenTable for $2.6 Billion in Cash

One booking and accommodations company has agreed to acquire another, as travel and hotel site Priceline is buying restaurant reservation purveyors OpenTable. The acquisition is for $103 per share, an all-cash purchase valued at $2.6 billion. “OpenTable is a great match for The Priceline Group. They provide us with a natural extension into restaurant marketing services and a wonderful and …

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Cuoco Joins Shatner In New Priceline Ad [Video]

Priceline has put out a new ad in which The Big Bang Theory’s Kaley Cuoco joins longtime Priceline spokesman William Shatner as his daughter. The ad is titled: Priceline Shocker: The Negotiatior’s Secret Daughter Revealed”. The company uploaded it to YouTube for your viewing pleasure. “The Negotiator harbors many secrets, and this is just one of them,” said Shatner. “It’s …

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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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Shatner Returns as the Priceline Negotiator

In January, William Shatner’s Priceline Negotiator was killed off, and Priceline ads began featuring a different spokesperson. In case you don’t remember, the Priceline Negotiator met his doom in the act of saving a bus full of endangered tourists. Saving them from high prices on hotels, of course. Take a look at Shatner’s funny, fiery death below: That’s certainly more …

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Priceline Releases Fourth Quarter, Annual Earnings Report

The Priceline Group has released its financial results for the fourth quarter of 2011, as well as for the whole year. In addition to Priceline.com, the Priceline Group consists of Booking.com, Agoda.com, and RentalCars.com. The Priceline Group as a whole took in $991 million in revenue in the fourth quarter of 2011, an increase of 35.5% over the fourth quarter …

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