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Priceline to buy travel search firm Kayak for $1.8 billion

Wednesday, November 14, 2012 | More »

priceline
Priceline.com Inc said it will buy Kayak Software Corp in a friendly deal valued at $1.8 billion, bolstering its travel research and advertising capabilities. Priceline is offering $40 a share for Kayak, a 29 percent premium to the company’s closing price of $31.04 on Thursday. It expects to p...