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Expedia Acquires Travelocity in $280 Million Deal

in Travel Industry Travel News 385 views

Expedia has acquired online travel agency Travelocity from technology company Sabre for $280 million in cash, the companies said in a statement on Friday, as consolidation in the online booking industry continues. The deal follows a 2013 marketing agreement in which Expedia’s technology powered platforms for Travelocity’s U. Continue Reading

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