Expedia, Inc. Completes Acquisition of Orbitz Worldwide, Inc.

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Expedia (EXPE) Announces Completion of $1.6B Orbitz (OWW) Acquisition

September 17, 2015 8:59 AM EDT

Expedia (NASDAQ: EXPE) announced that it has completed its acquisition of Orbitz Worldwide, Inc., including all of its brands and assets, for US$12.00 per share in cash, representing an enterprise value of approximately US$1.6 billion. With the completion of the transaction, Orbitz... More