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Expedia (EXPE) received mostly favorable assessments from analysts following the global Web travel firm’s announcement late Sunday that it’s acquiring Australia-based online travel company Wotif Group for $658 million in cash. Analysts said the acquisition is part of Expedia’s push to expand its Asia-Pacific presence. Expedia stock was down more than 1% in early trading in the stock market today, near 81. Expedia stock touched an all-time high of Scalper1 News
Scalper1 News