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 ...
Spring 1995: Founded as a tiny division within Microsoft to create a travel CD-ROM. Rich Barton, the division’s first product manager, persuades the company to start an online-travel business. Oct. 22 ...
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 ...
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.
Shares of Expedia rose after theflyonthewall.com said Chairman Barry Diller may take the online travel agency private. Expedia denied the report. Diller is working on a $30-a-share buyout, the Web ...
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 ...
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 ...
The companies that would be part of the new Expedia are: NEW YORK -- The spinoff of IAC/InterActiveCorps travel businesses into a publicly traded company called Expedia would create a pure-play travel ...