Orbitz shareholders approve $1.3B deal to sell to Expedia

May 27, 2015 5:39 PM

52 0

NEW YORK (AP) — Orbitz's shareholders have approved a takeover by rival Expedia, Orbitz said Wednesday.

A vote was taken at the online travel company's annual stockholder meeting in Chicago on Wednesday. More than 99 percent of the votes favored the acquisition, Orbitz said.

Also read: Kraft in swift reversal on Unilever bid, hitting shares

Read more

To category page