Expedia, Inc. EXPE 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.
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