Expedia to buy Orbitz for $1.3 billion in latest online travel deal ^90.3%

Los Angeles Times - By Julie Westfall, Hugo Martín - 2/12/2015, 10:16 PM

In a deal that would unite two of the biggest online travel agencies, Expedia announced Thursday that it is buying competitor Orbitz for about $1.3 billion in cash. A union would bring further consolidation to the online travel-booking industry. In January, Expedia bought another competitor, Travelocity, for $280 million. When that deal... more