Home > Home > Google-ITA chatter puts Kayak IPO on back burner

Google-ITA chatter puts Kayak IPO on back burner

05/05/2010| 9:12:48 AM| 中文

All of the commotion about a possible Google acquisition of ITA Software has been a setback to Kayak’s IPO prospects.

The betting is that a Google-ITA combo would transform Google into a major travel-metasearch player and with that kind of threat to Kayak, coupled with all of the uncertainty in the air, Kayak would be hard-pressed to price its IPO high enough to get the kind of return its investors envision, given its roughly $800 million valuation.

Read the full story at http://www.tnooz.com/2010/04/30/mobile/google-ita-chatter-puts-kayak-ipo-on-back-burner/
TAGS:
©2016 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!