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Slide #71. Expedia, Inc. — Majority Of trivago
Expedia, Inc. (NASDAQ:EXPE)
Majority Of trivago
Expedia, Inc. announced entry into a definitive agreement to acquire a 61.6% equity position in trivago, a leading metasearch company headquartered in Dusseldorf, Germany, for total consideration of 477 million (approximately US$632 million, based on current exchange rates) including 434 million in cash as well as 43 million in Expedia, Inc. common stock. Expedia, Inc. expects the deal to be accretive to adjusted earnings per share in 2013.
Expedia Group is an online travel company. Co.'s portfolio of brands includes: Expedia.com®, an online travel brand; Hotels.com®, a global lodging company operating websites with its Hotels.com® Rewards loyalty program; Vrbo®, a global online marketplace with a focus on providing lodging options for families; Egencia®, a corporate travel management company; Hotwire®, an online travel website providing spontaneous travel through its Hot Rate® deals; trivago®, an online hotel metasearch platform; and SilverRail Technologies, Inc., provider of a global rail retail and distribution platform connecting rail carriers and suppliers to both online and offline travel distributors.
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Buy (2.85 out of 4)
(ranked lower than approx. 70% of all stocks covered)
Based on Zacks ABR data;
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