jayesky

Expedia: Share Buyback Affirms Hidden Value

Your logic is...well ridiculous. There are at least 50 new travel startups out there. Expedia is now in single digit growth. Why does it make sense to take the company from having close to 1 billion dollar positive cash flow per year to 2-3 billions of dollars in debt? (which will drop expedia's credit to nearly junk levels). Why not use the cash to solidify market dominance? for example to acquire assets from Travelocity? or Orbitz (IPO in the fall). or the 50+ other travel startups out there that have new and innovative UI.

it appears that the reason behind the buyback is to take the company private so that diller can get richer for himself. this does not appear to be in the best interest of the company. or the employees. or the shareholders.

explain yourself.