Expedia shares jump on report that Uber held talks for takeover bid of travel booking giant
EXPEExpedia Group(EXPE) New York Post·2024-10-18 01:17

Expedia shares soared Thursday on news that Uber discussed a takeover bid for the travel booking giant, according to reports.Expedia shares rose as much as 8.4% Wednesday evening after the Financial Times first reported the potential bid. Expedia shares were up 3.8% Thursday morning.The talks were in early stages and it is unclear whether an acquisition will take place since Uber has not formally approached Expedia, three people familiar with the process told the Financial Times.Uber CEO Dara Khosrowshahi p ...