Through websites, and in more than 15 countries, it displays rates on airfare, hotels, rental cars, and cruises from more than 500 other travel websites. This agreement and plan of merger, dated as of november 8, 2012 this agreement, is by and among kayak software corporation, a delaware corporation the company, incorporated, a delaware corporation parent, and produce merger sub, inc. The company also announced that it signed a definitive agreement to be acquired by. Use the pitchbook platform to explore the full profile. Kayak is shopping for a metasearch acquisition in europe. Kayak software corp 300 baker ave, concord, ma 01742.
Kayak software offers fare information from continental airlines and american airlines, as well as prices from funjet vacations, marriott international. In the wake of of ctrip acquiring skyscanner and trivago executing an initial public offering and modestly increasing its bankroll, kayak, which is part of the priceline group, is shopping for a. In addition, investors and security holders will be able to obtain free copies of the proxy statementprospectus from kayak by contacting kayak software corporation, 55 north water street, suite 1. Search for other cdrom in concord on the real yellow pages. Mar 31, 2015 why pricelines bookerinchief is spending big. Kayak shareholders approve merger with priceline westfair. Kayak software has acquired 2 companies of its own. Kayak was launched in the us in 2004 by a team of industry leaders including steve hafner ceo a cofounder of orbitz, paul english cto a former vp of technology at intuit, terrell jones chairman, founder of travelocity, and greg slyngstad.
Cliff asness has been buying up kayak insider monkey. A g filed with the sec has disclosed that aqr capital management a hedge fund managed by cliff asness owns about 590,000 shares of kayak software. Kayak s website and mobile apps are currently available in over 18 languages and more than 30 countries, including the united states. Nov 14, 2014 news corp completes acquisition of move, inc. Pcln announced today that it has signed a definitive agreement for the priceline group to acquire kayak in a stock and cash transaction. Kayak, which went public last july, runs a website that lets users compare other travel sites when looking for flights, hotels and rental cars. Kayak shareholders overwhelmingly approve priceline merger. Under the terms of the merger agreement, we will merge with and into a wholly owned subsidiary of. Kayak software corporation company profile stamford, ct. The companys most targeted sectors include internet software and services 100%. Kayak software corporation kayak is a public company headquartered in norwalk, connecticut, u. Dec 21, 2012 expedia inc said on friday it would acquire a 61.
Kayak, founded in 2004, has grown into a popular search engine for consumers looking to book flights and hotels. The company was originally named travel search company, inc. Kayak stockholders approve adoption of merger agreement wi pr. Kayak software corp company profile and news bloomberg. Affiliates of new water capital completed significant investments in kl outdoor in december 2016 and gsc technologies on april 7, 2017. Stock quote, stock chart, quotes, analysis, advice, financials and news for share kayak software corp nasdaq. Priceline seen gaining strength with kayak marketwatch. The company develops and operates a website and mobile application that enables users to research and compare travel information such as flights, hotels, rental cars, and vacation packages. Kyak today announced financial results for the third quarter ended september 30, 2012.
The company also announced that it signed a definitive agreement to be. With every query, kayak searches hundreds of travel sites to show travelers the information they need to find the right flights, hotels, rental cars and vacation packages. Get breaking news and analysis on kayak software corporation kyak stock, price quote and chart, trading and investing tools. Expedia to acquire stake in german hotel site reuters. Which types of acquisition does this organization make most frequently. The merger agreement and the transactions contemplated thereby, including the merger, were approved by kayaks board of directors and by its stockholders at a special meeting of the stockholders held on march 4, 20. Kl outdoor gscfuture beach merge into worlds largest kayak. The company also runs travel search engines checkfelix, mundi, hotels combined, and swoodoo kayaks website and mobile apps are currently available in over 18 languages and more than 30 countries, including the united states, the united kingdom. Kayak software corporation provides internet travel comparison and management services. The company also runs travel search engines checkfelix, mundi, hotels combined, and swoodoo. The two companies said they have received all the needed approvals from regulatory agencies. The companys most targeted sectors include internet software and services 100% join mergr and gain access to. Kayak s primary business is the provision of a metasearch site mss, more commonly known as a price comparison site, allowing customers to search and compare prices for hotel rooms, airline tickets, package holidays and rental cars.
Kayak software corp agreement and plan of merger by and among kayak software corporation, priceline. New york november 14, 2014 news corp announced today that it has successfully completed its acquisition of move, inc. Norwalk, ct november 8, 2012 kayak software corporation nasdaq. For example, priceline purchased the leading travel metasearch company, kayak software, corp. Kayak software corp kyak investor lawsuit to stop takeover. Parties, docket activity and news coverage of federal case source search technologies, llc v. Eight years after its formation and four months after a strong debut as a public company, kayak software corp. Kayak software mergers and acquisitions summary mergr. Kayak software corporation kayak is a public company. Merger sub has been renamed kayak software corporation the surviving corporation. On november 8, 2012, kayak and priceline announced that they had entered into a definitive merger agreement under which kayak will acquire priceline.
Number of employees 10015000 legal name kayak software corporation. Under the terms of the merger agreement, kayak has merged with and into merger sub, a wholly owned subsidiary of, with merger sub continuing as the surviving corporation. Kayaks primary business is the provision of a metasearch site mss, more commonly known as a price comparison site, allowing customers to search and compare prices for hotel rooms, airline tickets, package holidays and rental cars. Pricelinekayak merger should close on may 21, thanks to. Kl outdoor gscfuture beach merge into worlds largest. In accordance with the terms of the transaction as previously announced, kayak merged with and into a whollyowned subsidiary of. Tripadvisor acquires cruisewise, third deal since march. Anticipated acquisition by incorporated of kayak software corporation. Centralizing online travel deals is smooth sailing for kayak software. The merger will create the largest kayak company in the world, said mark becker, partner at boca ratonbased private equity firm new water capital, l. Full text of the decision regarding the anticipated. With every query, kayak searches hundreds of travel sites to show travellers the information they need to find the right flights, hotels, car hire, and holiday deals. Businesses that are looking toward a technology merger or acquisition would be wise to consider the needs of their customers when searching for an applicable opportunity. Oft decision of 14 may 20 me588212 on the anticipated acquisition by priceline.
A total of 1 acquisition came from private equity firms. In over a decade, weve grown from a small office of 14 employees into a company of over 1,000 travelloving teammates working across 7 international brands. Kayak helps millions of travelers around the globe make confident travel decisions. This agreement and plan of merger, dated as of november 8, 2012 this agreement, is by and among kayak software corporation, a.
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