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Expedia Group Inc (EXPE.OQ)

EXPE.OQ on NASDAQ Stock Exchange Global Select Market

116.26USD
17 May 2019
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$-0.00 (-0.00%)
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$116.26
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652,846
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Latest Key Developments (Source: Significant Developments)

Barry Diller Enters Into New Arrangements As Part Of Expedia Group, Liberty Expedia Holdings Merger
Wednesday, 17 Apr 2019 

April 16 (Reuters) - Expedia Group Inc ::BARRY DILLER ENTERS INTO NEW ARRANGEMENTS AS PART OF EXPEDIA GROUP, LIBERTY EXPEDIA HOLDINGS MERGER.EXPEDIA GROUP - CHAIRMAN BARRY DILLER ENTERED INTO AN EXCHANGE AGREEMENT WITH LIBERTY EXPEDIA AND A NEW GOVERNANCE AGREEMENT WITH EXPEDIA GROUP.EXPEDIA GROUP- DILLER MAY EXCHANGE ABOUT 5.7 MILLION SHARES EXPEDIA GROUP COMMON STOCK HE OWNS FOR AN EQUIVALENT NUMBER OF EXPEDIA GROUP CLASS B SHARES.EXPEDIA- DILLER TO HAVE PURCHASE/EXCHANGE RIGHT FOR 9 MONTHS POST CLOSING OF LIBERTY DEAL IN WHICH HE MAY ACQUIRE ADDITIONAL CO GROUP CLASS B SHARES.IF PURCHASE/EXCHANGE RIGHT IS EXERCISED IN FULL, DILLER WOULD HAVE ABOUT 49 PERCENT OF VOTING POWER OF CO.  Full Article

Expedia Group Says LEXPE Has Agreed To Non-Solicitation Obligations With Respect To Any Third-Party Acquisition Proposals
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP INC - LEXPE HAS AGREED TO NON-SOLICITATION OBLIGATIONS WITH RESPECT TO ANY THIRD-PARTY ACQUISITION PROPOSALS.EXPEDIA GROUP INC - LEXPE HAS AGREED TO CERTAIN RESTRICTIONS ON ITS AND ITS REPRESENTATIVES’ ABILITY TO RESPOND TO ANY THIRD PARTY PROPOSALS.EXPEDIA - IF DEAL IS TERMINATED UNDER CERTAIN CIRCUMSTANCES, LIBERTY EXPEDIA HOLDINGS WILL BE REQUIRED TO PAY CO TERMINATION FEE OF $72 MILLION.EXPEDIA GROUP INC - AT CLOSING, THREE DIRECTORS SERVING ON CO'S BOARD WHO WERE NOMINATED BY LEXPE ARE EXPECTED TO RESIGN.  Full Article

Expedia Group To Acquire Liberty Expedia Holdings
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP TO ACQUIRE LIBERTY EXPEDIA HOLDINGS.EXPEDIA GROUP INC - ENTERED INTO A DEFINITIVE AGREEMENT UNDER WHICH EXPEDIA GROUP HAS AGREED TO ACQUIRE LIBERTY EXPEDIA IN AN ALL-STOCK TRANSACTION.EXPEDIA GROUP INC - LIBERTY EXPEDIA'S PRINCIPAL ASSET IS APPROXIMATELY 23.9 MILLION SHARES OF EXPEDIA GROUP.EXPEDIA GROUP - EACH HOLDER OF LIBERTY EXPEDIA SERIES A COMMON STOCK, SERIES B COMMON STOCK WILL RECEIVE 0.360 OF A SHARE OF EXPEDIA GROUP COMMON STOCK.EXPEDIA GROUP INC - EXPECTS TO RETIRE, ON A NET BASIS, APPROXIMATELY 3.1 MILLION SHARES.EXPEDIA GROUP INC - BOARDS OF DIRECTORS OF BOTH COMPANIES APPROVED TRANSACTION.EXPEDIA GROUP - JOHN C. MALONE, CHAIRMAN OF BOARD OF LIBERTY EXPEDIA, HIS WIFE HAVE AGREED TO VOTE SHARES BENEFICIALLY OWNED BY THEM IN FAVOR OF DEAL..EXPEDIA GROUP-COMPANIES EXPECT DEAL TO CLOSE IN SUMMER 2019, AT WHEN ALL LIBERTY EXPEDIA NOMINEES TO EXPEDIA GROUP BOARD OF DIRECTORS WOULD STEP DOWN..EXPEDIA GROUP - FORMER LIBERTY EXPEDIA COMMON STOCK HOLDERS TO OWN SHARES OF CO REPRESENTING ABOUT 14% SHARES OF CO'S COMMON STOCK, CLASS B COMMON STOCK.EXPEDIA GROUP - CHAIRMAN BARRY DILLER EXPECTED TO EXCHANGE UP TO 5.7 MILLION SHARES OF CO'S COMMON STOCK FOR EQUAL NUMBER OF SHARES OF CLASS B COMMON STOCK.EXPEDIA GROUP - DILLER WILL OWN ABOUT 29% OF VOTING POWER OF COMPANY, AND CO WILL NO LONGER BE A CONTROLLED COMPANY UNDER APPLICABLE NASDAQ RULES.  Full Article

Japan FTC Has Raided Rakuten, Expedia, Booking.Com Japan To Investigate Suspected Anti-Monopoly Law Violation - Nikkei
Wednesday, 10 Apr 2019 

April 10 (Reuters) - :JAPAN FAIR TRADE COMMISSION HAS RAIDED RAKUTEN, EXPEDIA, BOOKING.COM JAPAN TO INVESTIGATE SUSPECTED ANTI-MONOPOLY LAW VIOLATION - NIKKEI.  Full Article

Expedia Group Inc Reports Qtrly Adjusted EPS $1.24
Friday, 8 Feb 2019 

Feb 7 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP INC - QTRLY ADJUSTED EPS $1.24.QTRLY EARNINGS PER SHARE $0.11.EXPEDIA GROUP INC - QTRLY ADJUSTED EPS EXCLUDING TRIVAGO $1.18.QTRLY REVENUE $2,559 MILLION, UP 10 PERCENT.Q4 EARNINGS PER SHARE VIEW $1.08, REVENUE VIEW $2.54 BILLION -- REFINITIV IBES DATA.QTRLY ROOM NIGHT GROWTH 11%.QTRLY TOTAL GROSS BOOKINGS INCREASED 11%.QTRLY GROSS BOOKINGS $21,957 MILLION VERSUS $19,766 MILLION.IN Q4 2018, RECORDED $25 MILLION GOODWILL IMPAIRMENT LOSS.  Full Article

Expedia Says Homeaway Is Headed For Strong Revenue, Profit Growth In 2018
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Expedia Group Inc ::EXPEDIA SAYS HOMEAWAY IS HEADED FOR STRONG REVENUE AND PROFIT GROWTH IN 2018 - CONF CALL.EXPEDIA SAYS EXPECT TOTAL CLOUD COST TO BE AROUND $150 MILLION IN 2018, CONTINUE TO EXPECT CLOUD EXPENSE TO EXCEED $250 MILLION IN 2019.EXPEDIA SEES 2018 CONSOLIDATED ADJUSTED EBITDA GROWTH OF 10% TO 12%.EXPEDIA SAYS EXPECT TOTAL ADJUSTED SELLING AND MARKETING EXPENSES TO GROW SLOWER THAN REVENUE IN 2018.  Full Article

Expedia Group Acquires Pillow And Apartmentjet To Enhance Its Alternative Accommodations Marketplace For Residents, Owners And Managers In Urban Markets
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP ACQUIRES PILLOW AND APARTMENTJET TO ENHANCE ITS ALTERNATIVE ACCOMMODATIONS MARKETPLACE FOR RESIDENTS, OWNERS AND MANAGERS IN URBAN MARKETS.  Full Article

Expedia Group Announces Full Ownership Of AAE Travel Pte. Ltd.
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Expedia Group Inc ::EXPEDIA GROUP ANNOUNCES FULL OWNERSHIP OF AAE TRAVEL PTE. LTD..SAYS ANNOUNCED TODAY PURCHASE BY EXPEDIA GROUP OF AIRASIA'S REMAINING 25% EQUITY INTEREST IN AAE TRAVEL PTE.CASH CONSIDERATION IS $60 MILLION, NET OF AIRASIA'S CONCURRENT PURCHASE OF AIRASIAGO.COM DOMAIN NAMES, RELATED ASSETS FROM AAE TRAVEL PTE. LTD.AIRASIAGO.COM WILL CONTINUE TO BE POWERED BY EXPEDIA GROUP.  Full Article

Expedia Group Inc Reports Qtrly Earnings Per Share $0.01
Friday, 27 Jul 2018 

July 26 (Reuters) - Expedia Group Inc ::QTRLY ADJUSTED EARNINGS PER SHARE $1.38.QTRLY EARNINGS PER SHARE $0.01.QTRLY GROSS BOOKINGS INCREASED $3.1 BILLION OR 13% YEAR-OVER-YEAR TO $25.9 BILLION.QTRLY REVENUE INCREASED 11% YEAR-OVER-YEAR TO $2.9 BILLION..Q2 EARNINGS PER SHARE VIEW $0.89, REVENUE VIEW $2.88 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY ROOM NIGHT GROWTH 12 PERCENT.Q2 REVENUE VIEW $2.88 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Expedia Units Enters Into Fourth Amendment Amending & Supplementing Amended & Restated Credit Agreement
Friday, 1 Jun 2018 

June 1 (Reuters) - Expedia Group Inc ::ON MAY 31, CO, UNITS ENTERED INTO FOURTH AMENDMENT AMENDING & SUPPLEMENTING AMENDED & RESTATED CREDIT AGREEMENT, DATED AS OF SEPT 5, 2014.EXPEDIA SAYS FOURTH AMENDMENT, AMONG OTHER THINGS, INCREASED AGGREGATE COMMITMENTS UNDER CREDIT AGREEMENT TO $2 BILLION - SEC FILING.FOURTH AMENDMENT ALSO EXTENDED MATURITY DATE OF LOANS AND COMMITMENTS UNDER CREDIT AGREEMENT TO MAY 31, 2023.  Full Article

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U.S. state AGs looking into Expedia Group, hotel practices in antitrust probe

WASHINGTON A group of U.S. state attorneys general are investigating Expedia Group and hotel chains like Hyatt Hotels Corp and Marriott International Inc for alleged violations of antitrust law in online travel booking, according to a court filing.