Priceline Group acquired Momondo – Roll under travel meta brand Kayak
Norwalk, Connecticut – 24 July 2017 –
The Priceline Group has successfully completed its previously announced plan to acquire the Momondo Group in a cash transaction whereby The Priceline Group acquired all outstanding shares of the Momondo Group for approximately $550 million. The Momondo Group, which operates momondo.com, a leading European travel meta engine that offers flights, hotels and car rentals, and Cheapflights, a leading global flight comparison and travel deals publishing platform, will roll under The Priceline Group’s leading travel meta brand, Kayak.
“Momondo and Cheapflights are premium brands that have garnered a loyal … Read More