Did Expedia buy Orbitz?

Did Expedia buy Orbitz?

BELLEVUE, Wash., Sept. 17, 2015 /PRNewswire/ — Expedia, Inc. (NASDAQ: EXPE) today announced that it has completed its acquisition of Orbitz Worldwide, Inc., including all of its brands and assets, for US$12.00 per share in cash, representing an enterprise value of approximately US$1.6 billion.

Did Expedia merger with Orbitz?

CHICAGO — Orbitz Worldwide was officially bought by former rival Expedia on Thursday, a day after federal regulators dropped an objection to the $1.6 billion merger. The combination marks a major development in the ongoing consolidation of the online travel industry with Expedia, the No.

Who is Orbitz owned by?

Expedia Group
Orbitz.com is a travel fare aggregator website and travel metasearch engine. The website is owned by Orbitz Worldwide, Inc., a subsidiary of Expedia Group. It is headquartered in the Citigroup Center, Chicago, Illinois.

What company owns Hotwire?

Expedia Group
Expedia, Inc.
Hotwire.com/Parent organizations
The company lists unsold inventory (empty seats on planes and in hotels, extra cars on the lot) from such leading brands as Delta, Continental, Hilton, and Avis. Consumers select travel services based on Read More. Founded in 2000, Hotwire is owned by online travel services giant Expedia.

Does Expedia own VRBO?

VRBO was founded in 1995 and acquired by HomeAway in 2006, both of which were acquired by Expedia Group in December 2015. As the Vrbo brand is introduced in new markets, sites such as HomeAway.com and Abritel.fr will continue to operate.

Does American Express own Expedia?

As part of the agreement, Expedia, the Seattle online travel-services provider, will become a shareholder in and will enter into a long-term commercial agreement with Global Business Travel, the companies said in a statement. …

What websites does Expedia own?

Expedia Inc.: Owns Expedia.com, Hotels.com, Hotwire.com, Venere.com, TripAdvisor.com — plus TripAdvisor subsidiaries CruiseCritic.com, BookingBuddy.com, SmarterTravel.com, SeatGuru.com, AirfareWatchdog.com and IndependentTraveler.com. Orbitz Worldwide: Owns Orbitz.com, CheapTickets.com and RatestoGo.com.