Mega-Mergers: Largest Recent M&A Transactions
By The Online Investor Staff, updated Thu., May. 23, 12:34 AM
Slide #1. Priceline.com — KAYAK Software Corporation
| Acquirer: |
Priceline.com (PCLN) |
| Acquiree: |
KAYAK Software Corporation (KYAK) |
| Details: |
Priceline.com Incorporated (NASDAQ: PCLN) ("priceline.com") and KAYAK Software Corporation (NASDAQ: KYAK) ("KAYAK") today announced the successful completion of the acquisition of KAYAK by priceline.com. In accordance with the terms of the transaction as previously announced, KAYAK merged with and into a wholly-owned subsidiary of priceline.com. Priceline.com paid approximately $522.4 million in cash and issued approximately 1,519,717 shares of common stock in connection with the merger, in addition to assuming outstanding KAYAK stock options. |
Priceline.com is an online travel company. Internationally, Co.'s service offerings include retail hotels and retail rental cars. Co. provides retail, price-disclosed hotel service worldwide, primarily through its Booking.com and Agoda brands. Co. provides car hire services through Rentalcars.com. In the U.S., Co.'s service offerings include Name Your Own Price® Hotels, Retail Hotels, Name Your Own Price® Rental Cars, Retail Rental Cars, Name Your Own Price® Airline Tickets, Retail Airline Tickets, Vacation Packages, Destination Services, Cruises, and Travel Insurance.
Open the PCLN Page at The Online Investor »
Priceline.com is an online travel company. Internationally, Co.'s service offerings include retail hotels and retail rental cars. Co. provides retail, price-disclosed hotel service worldwide, primarily through its Booking.com and Agoda brands. Co. provides car hire services through Rentalcars.com. In the U.S., Co.'s service offerings include Name Your Own Price® Hotels, Retail Hotels, Name Your Own Price® Rental Cars, Retail Rental Cars, Name Your Own Price® Airline Tickets, Retail Airline Tickets, Vacation Packages, Destination Services, Cruises, and Travel Insurance.
Open the KYAK Page at The Online Investor »
| Company Name: |
Priceline.com, Inc. |
| Website: |
www.priceline.com |
| Sector: |
Business Services & Equipment |
| Number of ETFs Holding PCLN: |
71 |
| Total Market Value Held by ETFs: |
$1.74B |
| Total Market Capitalization: |
$42.18B |
| % of Market Cap. Held by ETFs: |
4.13% |
|
| Company Name: |
Kayak Software Corp. |
| Website: |
www.KAYAK.com |
| Sector: |
Business Services & Equipment |
| Number of ETFs Holding KYAK: |
13 |
| Total Market Value Held by ETFs: |
$3.45M |
| Total Market Capitalization: |
$397.00M |
| % of Market Cap. Held by ETFs: |
0.87% |
|
