Priceline.com is acquiring Kayak Software for $1.8 billion dollars in cash and stock. The sale occurs less than four months after Kayak had an IPO!
Kayak had $224 million in revenues in 2011, and Priceline will pay $40 a share for the company – a 50% premium on the Kayak IPO pricing of $26 per share.
William Shatner aka The Negotiator, must be smirking right now 😀
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Soon it will be “BullS” priceless