| ActiveMac | Anonymous | Create a User | Reviews | News | Forums | Advertise |
|
|
|
User Controls |
|
New User |
|
Login |
|
Edit/View My Profile |
|
|
|
|
|
|
|
ActiveMac |
|
Articles |
|
Forums |
|
Links |
|
News |
|
News Search |
|
Reviews |
|
|
|
|
|
|
|
News Centers |
|
Windows/Microsoft |
|
DVD |
|
ActiveHardware |
|
Xbox |
|
MaINTosh |
|
News Search |
|
|
|
|
|
|
|
ANet Chats |
|
The Lobby |
|
Special Events Room |
|
Developer's Lounge |
|
XBox Chat |
|
|
|
|
|
|
|
FAQ's |
|
Windows 98/98 SE |
|
Windows 2000 |
|
Windows Me |
|
Windows "Whistler" XP |
|
Windows CE |
|
Internet Explorer 6 |
|
Internet Explorer 5 |
|
Xbox |
|
DirectX |
|
DVD's |
|
|
|
|
|
|
|
TopTechTips |
|
Registry Tips |
|
Windows 95/98 |
|
Windows 2000 |
|
Internet Explorer 4 |
|
Internet Explorer 5 |
|
Windows NT Tips |
|
Program Tips |
|
Easter Eggs |
|
Hardware |
|
DVD |
|
|
|
|
|
|
|
Latest Reviews |
|
Applications |
|
Microsoft Windows XP Professional |
|
Norton SystemWorks 2002 |
|
|
|
Hardware |
|
Intel Personal Audio Player 3000 |
|
Microsoft Wireless IntelliMouse Explorer |
|
|
|
|
|
|
|
Site News/Info |
|
About This Site |
|
Affiliates |
|
ANet Forums |
|
Contact Us |
|
Default Home Page |
|
Link To Us |
|
Links |
|
Member Pages |
|
Site Search |
|
Awards |
|
|
|
|
|
|
|
Credits |
 |
Expedia Rejects USA Interactive's Buyout Plan | |
|
||
| Time: 03:18 EST/08:18 GMT | News Source: Reuters | Posted By: Alex Harris | ||
|
Expedia Inc. , the largest U.S. online travel agency, on Thursday rebuffed a takeover offer from its biggest shareholder, USA Interactive , run by media mogul Barry Diller, on grounds that it saw more growth potential if it remained independent. A special committee of Expedia's board of directors, which considered Diller's offer for the 37 percent of the Web travel agent that USA Interactive does not already own, said the Bellevue, Washington-based company's "standalone prospects continue to be excellent." "Rather than trading at levels reflecting Expedia's potential -- as we believe should be the case -- it appears that Expedia's stock price has inappropriately become linked to USAI's stock price based on USAI's statements," the Expedia special committee said in a statement. USA Interactive on June 3 had offered to exchange 2.6969 of its shares for each Expedia share, a premium of 7.5 percent at the time the deal was announced. | ||
|
Write Comment
Return to News |
Displaying 1 through 25 of 299 Last | Next |
The time now is
12:22:24 PM
ET.
Any comment problems? E-mail us |
|
Write Comment
Return to News |
Displaying 1 through 25 of 299 Last | Next |
The time now is
12:22:24 PM
ET.
Any comment problems? E-mail us |
