Uber reportedly explored buying Expedia
Expedia stock jumps on report that Uber explored a takeover of the travel platform
Uber execs recently met with advisors to discuss whether an Expedia deal could happen and how it might be structured, The Financial Times reported.
Uber is reportedly exploring an Expedia takeover
Uber is reportedly exploring the idea of purchasing Expedia, one of the largest travel booking companies in the world, according to the Financial Times. Expedia, which is valued at $20 billion and which reported its highest-ever annual revenue in 2023,
Uber is Reportedly Considering an Expedia Acquisition
Financial Times insiders claim Uber has talked to advisers about the viability of a buyout. Any takeover attempt would reportedly be “friendly,” with CEO Dara Khosrowshahi recusing himself given his leadership of the Expedia Group between 2005 and 2017 as well as his connection to Expedia executive chairman Barry Diller.
Report: Uber considered potential acquisition of Seattle travel giant Expedia
A new report from the Financial Times reveals that Uber has explored a potential bid for Seattle-based travel giant Expedia Group. Uber has approached
Expedia Stock Jumps on Report That Uber Has Explored Takeover
Expedia shares surged Thursday following a report that Uber has explored acquiring the travel booking company.
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.
Expedia gains after report Uber explored potential takeover
Expedia (NASDAQ:EXPE) jumped 7% in after hours trading after a report that Uber (NYSE:UBER) considered a possible takeover of the company as it tries to diversify its business. Uber (UBER) talked to advisers in recent months about a bid for Expedia (EXPE) after an acquisition of the travel booking company was broached by a third party,
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