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<title>electronista | Priceline News</title>
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<title>Priceline, Latest News, Headlines, Stories;</title>
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<title>Priceline buys Kayak for $1.8 billion</title>
<link>http://www.electronista.com/articles/12/11/08/kayaks.earnings.up.29.percent.before.acquisition/</link>
<description>&#60;img align='left' src='http://photos.macnn.com/article_images/article_thumbnail/1352416308_ScreenShot2012-11-08at6.11.17PM.jpg' border='0' width='176' height='120' /><![CDATA[Travel website Priceline has purchased Kayak.com for $40 per share, it was announced today. The deal amounts to about $1.8 billion, with the Priceline Group paying about $500 million of that in cash and the rest coming in equity and assumed stock options. The deal is expected to close during the first quarter of 2013....]]></description>
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<pubDate>Thu, 08 Nov 2012 23:10:00 GMT</pubDate>
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