Home > > Google-ITA Software deal hits a snag, array of other interested parties

Google-ITA Software deal hits a snag, array of other interested parties

07/01/2010| 11:35:55 AM| 中文

Expedia, Travelport and Kayak have all woken to news this morning that they are interested bidders for ITA Software, the travel technology firm also being courted by Google.

Expedia, Travelport and Kayak have all woken to news this morning that they are interested bidders for ITA Software, the travel technology firm also being courted by Google.

According to the Wall Street Journal the three companies are lining up to move into a bidding war of sorts as and when the current pruda put down when Google and ITA Software started talking earlier this year is lifted.

Negotiations between ITA and Google are said to have hit cold water over price and concerns over anti-trust scrutiny.

A deal was originally scheduled to complete by the end of April, but talks have continued for another two months.

Please read the full story at http://www.tnooz.com/2010/06/29/news/google-ita-software-deal-hits-a-snag-array-of-other-interested-parties/

TAGS: ITA
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