|Bid||1,990.00 x 100|
|Ask||1,993.00 x 100|
|Day's Range||1,990.18 - 2,002.85|
|52 Week Range||1,305.09 - 2,008.65|
|PE Ratio (TTM)||45.04|
|Earnings Date||Aug 8, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||2,041.07|
NORWALK, Conn., July 24, 2017 /PRNewswire/ -- The Priceline Group Inc. (PCLN) today announced that it has successfully completed its previously announced plan to acquire the Momondo Group in a cash transaction whereby The Priceline Group acquired all outstanding shares of the Momondo Group for approximately $550 million. The Momondo Group, which operates momondo, a leading European travel meta engine that offers flights, hotels and car rentals, and Cheapflights, a leading global flight comparison and travel deals publishing platform, will roll under The Priceline Group's leading travel meta brand, KAYAK. "Momondo and Cheapflights are premium brands that have garnered a loyal customer base throughout key markets in Europe, and we couldn't be more excited to welcome the Momondo Group team to The Priceline Group family," said Glenn Fogel, President & CEO of the Group.
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