Articles tagged “mergers”

Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Dennis Schaal, Skift

Expedia Group doesn't intend to hoard piles of cash for a rainy day. The company purports to favor share repurchases over acquisitions, all things being equal, but if a rainmaker of a deal comes along, then Expedia may pounce.

1 month ago

Air Canada Insists WestJet Takeover Must Be Canadian, Not Foreign

Air Canada Insists WestJet Takeover Must Be Canadian, Not Foreign

Doug Alexander, Bloomberg

The rules are the rules, in this case about prohibitions against foreign ownership of Canadian airlines. Air Canada is trying to ensure that WestJet isn't advantaged by foreign funding interlopers.

1 month ago

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Seth Borko and Dennis Schaal, Skift

The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy.

5 months ago

Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Booking’s FareHarbor Kept the Bootstrapping Myth Going While Discreetly Raising Outside Money

Dennis Schaal, Skift

Honesty is the best policy. Even if it clashes with a nice FareHarbor bootstrapping story that seemed too good to be true.

6 months ago

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

Airbnb Is Paying $400 Million For HotelTonight, Half in Pre-IPO Stock

Dennis Schaal, Skift

On the surface, HotelTonight got a lowish deal from Airbnb. But with roughly half in stock, the price tag could look very upbeat if Airbnb's stock soars in an initial public offering.

7 months ago

Certify and Chrome River to Challenge Expense Leader SAP Concur

Certify and Chrome River to Challenge Expense Leader SAP Concur

Andrew Sheivachman, Skift

The combined Certify and Chrome River still pales in scope when compared to global behemoth SAP Concur. The approach of offering a variety of different services instead of a single platform, though, has potential in a fragmented global market for expense software services.

8 months ago

Airbnb Buys Gaest to Push Further Into Meetings

Airbnb Buys Gaest to Push Further Into Meetings

Sean O'Neill, Skift

Airbnb's move to offer more meetings spaces represents an example of one of Skift's 2019 Megatrends, as many giant online booking companies are looking for their next phases of growth by expanding into new areas.

9 months ago

Alaska Airlines Works Fast to Erase Memories of Virgin America

Alaska Airlines Works Fast to Erase Memories of Virgin America

Brian Sumers, Skift

It can take some airlines as long as a decade after a merger before they truly operate as one entity. But Alaska Airlines is working much faster to gobble up Virgin America. Part of that is because both carriers were relatively small. But by any standard, Alaska is moving quickly.

9 months ago

British Airways Rules Out Further Norwegian Offer

British Airways Rules Out Further Norwegian Offer

Patrick Whyte, Skift

Is this the end of the story? We're willing to bet that this one still has more twists and turns to come.

9 months ago

Japan’s ANA Mulls Buying a Stake in Philippine Airlines

Japan’s ANA Mulls Buying a Stake in Philippine Airlines

Cecilia Yap, Bloomberg

Philippine Airlines needs the funds to compete, while All Nippon Airways must expand beyond a graying Japan. A potential deal isn't surprising for the two carriers, which already codeshare between their countries.

9 months ago

Club Med Parent Fosun Mulls Acquisitions in North America

Club Med Parent Fosun Mulls Acquisitions in North America

Bloomberg

Another Chinese conglomerate, this one with insurance, pharmaceutical, and tourism holdings, is looking to expand globally through acquisitions. Given that HNA Group, Dalian Wanda Group. and Anbang are scurrying to unload assets, does Fosun's strategy raise any red flags?

1 year ago

Skift Podcast: Why Accor Had No Choice But to Change

Skift Podcast: Why Accor Had No Choice But to Change

Hannah Sampson, Skift

Tune in for a candid conversation about the strategy behind AccorHotels' many acquisitions, why the company wants to be part of consumers' everyday lives, and what the CEO has learned from spending hundreds of millions of dollars on startups.

1 year ago