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British regulators show resistance to a planned deal between InterContinental Hotels Group (IHG)...

British regulators show resistance to a planned deal between InterContinental Hotels Group (IHG) and online travel sites Expedia (EXPE) and Booking.com on the grounds it infringes competition law. The companies have three months to respond before a final decision is struck on the viability of the deal. IHG -1.1% in London trading.
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Comments (2)
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    Bullish for PCLN we think better model better PE
    Best of Breed in Travel for some time.We think
    it could ramp to the late $700s after earnings.
    31 Jul 2012, 07:41 AM Reply Like
  • MichaelZZ
    , contributor
    Comments (221) | Send Message
     
    ......or middle to top $500s?

     

    mz
    31 Jul 2012, 08:33 AM Reply Like
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