See More Hear More Watch More Hear More Get on iTunes
re/code recode

Expedia to Buy Rival Orbitz

Online travel agency Expedia said it would buy rival Orbitz for about $1.38 billion in cash as it looks to increase its customer base in a highly competitive travel industry. Orbitz’s shares shot up 22.5 percent to $11.79 in premarket trading. #tech


More from