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-0.000335222997787562 -0.000390162322424976 0.000306952524974045 0.000160162098942869 -0.0025551441831361 -0.00433741312137307 -0.00532259626487085 -0.00532259626487085
Stock impact report

Airbnb Passed, Expedia Pounced: Inside Tiqets' Long Road to a Sale: Scoop [Yahoo! Finance Canada]

Booking Holdings Inc. (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
extended sales process before Expedia announced a deal to acquire it last week, Skift has learned. A source familiar with the sales process told Skift that Barclays advised Tiqets on the sale, while Morgann Lesné, a partner at Cambon Partners, confirmed that founder Luuc Elzinga and the board explored multiple paths to find a buyer. In a formal sales process, the bank solicits bids from multiple parties. One factor shaping the process: Airbnb, which led a $60 million funding round for Tiqets in 2019 and remains a shareholder, did not go ahead and buy it. “Everyone thought maybe at some point Airbnb is going to make a move, which I think was the initial hope of the founders and shareholders that Airbnb would be the eventual buyer,” said Lesné. And what about Booking.com , which has a fast-growing experiences business and is also based in Amsterdam? “People are thinking, why aren't the natural people doing it?” one industry executive told Skift, referring to Airbnb and Booking.c Show less Read more
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