Expedia shares fly on report of talks to sell stake for $1 billion

April 22, 2020 admin Business News Comments Off on Expedia shares fly on report of talks to sell stake for $1 billion

Shares of Expedia Group Inc rose 9% on Wednesday after a report that the online travel services company was in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion.

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Source:: Reuters – Business News