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Expedia Buys Rival Travel Site Travelocity For $280M

Expedia Buys Rival Travel Site Travelocity For $280M

Expedia Inc. and Travelocity, two of the most prominent online travel agencies, have decided to take their relationship to the next level by way of a $280 million acquisition that paves the way for continued battles with travel site behemoth Priceline. [More]