Kayak shareholder files suit to block Priceline purchase
Skift Take
With the Priceline-Kayak deal coming so soon after the Kayak IPO, Kayak investors were understandably shocked. Whether the deal terms will lead to further shareholder compensation is up to the court to decide.
A Kayak shareholder reportedly filed a putative class-action lawsuit seeking to block Priceline's acquisition of Kayak.
The lawsuit, filed by Kayak shareholder Michael James Krawczynski on November 16 in Delaware Chancery Court, alleges that the
