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Priceline open to new acquisitions

Dec. 02, 2014 2:19 AM ETBooking Holdings Inc. (BKNG) StockBKNGBy: Yoel Minkoff, SA News Editor1 Comment
  • After making the company’s biggest deal ever in the summer, Priceline (PCLN) Chief Executive Darren Huston says he is still willing to consider additional takeovers.
  • Apart from the $2.6B OpenTable acquisition, the company has been mostly expanding through travel websites, like booking.com and Kayak.com.
  • "We’re not a serial acquirer," cautioned Huston saying Priceline will be selective in any deals it pursues. "We have six brands at the table. We can’t have 15 brands."
  • PCLN -0.1% AH

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