​Expedia Jumps On FT Report That Uber Explored Takeover – Tyler Durden

Expedia Jumps On FT Report That Uber Explored Takeover Shares of Expedia Group surged in premarket trading in New York following a report from the Financial Times, which stated that Uber Technologies has been in talks with advisors in recent months to explore a potential takeover of the travel website. Wall Street analysts viewed the possible merger between the ride-hailing giant and the travel website as ‘positive.’  The FT report cites three individuals familiar with the talks between Uber and advisors:  Uber approached advisers in recent months after the idea of an Expedia acquisition was broached by a third party…  — Continue at ZeroHedge News : Read More