Kayak now says its chances of executing an IPO are about 50%.
Kayak filed its first registration statement in November 2010, and in its sixth amendment today, the company reduced its chances of carrying out an IPO to 50%.
The likelihood that Kayak will be involved in a strategic sale was pegged at 20% and a scenario where Kayak would remain a private company was given a 30% chance.
Read full story at: http://www.tnooz.com/2011/08/12/news/will-kayak-ipo-company-not-so-bullish-on-its-chances/
