Online travel agency Expedia has rejected a takeover bid from Barry Diller’s USA Interactive, saying it sees more potential for growth if it remains independent. In June, USA Interactive proposed a ...
hese are tough times for publicly held dot-coms. Once the darlings of venture capitalists, hot companies like ByeByeNow.com have flamed out. Others have slashed their workforce, arguably in an attempt ...
USA Interactive, the New York-based conglomerate that already owns most of Bellevue's Expedia Inc., yesterday said it has agreed to buy the outstanding shares of the largest Internet travel service.
REDMOND, Wash. -- Despite a sharp drop in bookings immediately following the terrorist attacks, Expedia reported better earnings than expected in the third quarter but nevertheless lowered ...
Expedia Inc., the largest Internet travel agency, had a second-quarter profit of $19.1 million and increased its forecast for annual sales. Net income was 29 cents a share, contrasted with a loss of ...
Shares of Expedia Inc., the world's largest Internet travel agency, rallied the most since the company went public after it announced plans Tuesday to buy 42 percent of its common stock for $3.5 ...
As industry observers scan the horizon for signs of an economic recovery in 2002, several dot-coms are boosting hopes for an e-commerce renaissance by turning a profit. Each company’s strategy is ...
Expedia Inc. rebuffed a takeover offer from its biggest shareholder, USA Interactive, run by media mogul Barry Diller, on grounds that it saw more growth potential if it remained independent. A ...
Expedia Inc. booked $1.47 billion in travel services during third-quarter 2002, more than twice what it generated in third-quarter 2001. Revenue from its activities was $166 million, up from $79,478 ...
Expedia.com has been recognised as Yahoo! Internet Life`s “Best Overall Travel Site” and also one of Mobile Computing & Communications` “Best Mobile Web Sites of 2001.” The honours praise Expedia for ...
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