Kayak Software CorporationNASDAQ
KYAK is defunct.
  • Mar. 13, 2013, 12:55 PM

    Priceline's (PCLN -0.5%) acquisition of Kayak (KYAK -0.2%) will delayed thanks to an extended review by U.K. antitrust regulators. The FTC has already signed off on the deal.

    | Mar. 13, 2013, 12:55 PM
  • Jan. 8, 2013, 2:52 PM
    The FTC has signed off on Priceline's (PCLN) $1.8B acquisition of Kayak (KYAK). Though the combined clout of Priceline/Kayak in the online travel search/bookings space will be huge, the presence of competition from Expedia, Google, and others seems to have mollified regulators. Priceline has said Kayak will be run as an independent company led by its current management.
    | Jan. 8, 2013, 2:52 PM
  • Nov. 8, 2012, 4:31 PM

    Expedia (EXPE) -4.3% AH on news Priceline (PCLN) is acquiring Kayak (KYAK). Investors are likely worried the direct integration of Priceline's travel listings and bidding platform with Kayak's search engine will hurt Expedia's market share. TripAdvisor (TRIP) -3.3% AH, likely on concerns the Priceline deal could end its travel reviews partnership with Kayak. Priceline is holding a call to discuss the merger (webcast).

    | Nov. 8, 2012, 4:31 PM
  • Nov. 8, 2012, 4:23 PM

    Priceline (PCLN) is acquiring Kayak Software (KYAK) for $40/share, or $1.8B. The price represents a 29% premium to Kayak's close today. 1/3 of the purchased will be financed via cash, and 2/3 via stock. Priceline expects the deal to close in Q1, and have a minimal impact on 2013 EPS. Regulators may take a close look. PCLN -1.5% AH. KYAK is halted until 4:30 p.m.  (PR)

    | Nov. 8, 2012, 4:23 PM | 1 Comment