Traveling together: Expedia to buy rival Orbitz

February 13, 2015 2:14 PM

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Traveling together: Expedia to buy rival Orbitz

NEW YORK — Expedia said Thursday that it will buy online booking rival Orbitz Worldwide for roughly $1.6 billion, cementing its place as the No. 1 digital travel provider while potentially disrupting the hotel and airline industries.

With the acquisition, the largest online travel agency in the U.S., will be incorporating the sector's third-largest player.

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