Expedia's (EXPE) Competitive Threats Greater than AWAY Deal Benefits - Janney
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Expedia To Acquire HomeAway, Inc.
November 4, 2015 4:09 PM ESTBELLEVUE, Wash. and AUSTIN, Texas, Nov. 4, 2015 /PRNewswire/ -- Expedia, Inc., (NASDAQ: EXPE) and HomeAway, Inc., (NASDAQ: AWAY) announced today that they have entered into a definitive agreement under which Expedia has agreed to acquire HomeAway, including all of its brands, for an equity value of approximately $3.9 billion in cash and Expedia common stock, representing a per share price for HomeAway shares of $38.31, based on Expedia's closing price on November 3, 2015. Under the terms of the transaction, Expedia will offer to acquire each outstanding... More
Liberty Interactive Corporation Reports Third Quarter 2015 Financial Results
November 4, 2015 4:05 PM ESTENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Interactive Corporation ("Liberty Interactive") (Nasdaq: QVCA, QVCB, LVNTA, LVNTB) today reported third quarter 2015 results. Highlights include(1):
Attributed to QVC Group
Grew QVC US revenue by 4% and adjusted OIBDA(2) by 1% in the third quarter QVC US operating income increased by 5% QVC.com revenue as a percent of total US revenue increased to 48%, a 450 basis point increase QVC US mobile penetration was 52% of QVC.com orders, a 1,100 basis point increase... More