27.12.2012

EXPEDIA ANNOUNCES AGREEMENT TO ACQUIRE MAJORITY 61.6% OF TRIVAGO

BELLEVUE, Wash. and DUSSELDORF, Germany, Dec. 21, 2012 / PRNewswire / Expedia, Inc. today announced entry into a definitive agreement to acquire a 61.6% equity position in trivago, a leading metasearch company headquartered in Dusseldorf, Germany, for total consideration of €477 million (approximately US$632 million, based on current exchange rates) including €434 million in cash as well as €43 million in Expedia, Inc. common stock. Expedia, Inc. expects the deal to be accretive to adjusted earnings per share in 2013.

Source: hotellerie.de




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