Breaking: Ctrip to Acquire Skyscanner for $1.74 Billion

China’s Ctrip, which is seeking to become more of a global player, announced it has an agreement to acquire Scotland-based flight-metasearch engine Skyscanner for $1.74 billion. Skyscanner, which is also trying to build up its hotel metasearch business, had been rumored to be seeking to do an initial public offering but the acquisition by Ctrip, … Continue reading Breaking: Ctrip to Acquire Skyscanner for $1.74 Billion