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By David A. Clarke Jr.
Blame Washington's intelligence failure, not lack of police
Topic - Kayak Software Corp.
Priceline.com Inc. plans to buy online travel-research company Kayak Software Corp. for $1.8 billion to expand its travel business.
The Priceline Negotiator lives after all. The company has struck a deal to buy Kayak Software Corp. for $1.8 billion in a move to expand its online travel business.
Shares of travel website Kayak Software Corp. are up nearly 26 percent in their first day of trading on the Nasdaq.
Shares of travel website Kayak are up nearly 30 percent in their first day of trading on the Nasdaq.
A famous piece of rock and roll history has changed its tune about going public.
Investors showed their appetite for freshly public technology stocks on Friday, but a decidedly old-school company _ Fender Instruments _ bowed out of its planned initial public offering citing market conditions.
With new public stock offerings for guitar maker Fender and travel booking website Kayak on deck next week, there are signs demand is starting to grow for IPOs after a five-week freeze triggered by a steep decline in financial markets and exacerbated by Facebook's rocky May 18 debut.
Google Inc. won government clearance with restrictions Friday for its $700 million purchase of airline fare tracker ITA Software in a deal that will give the Internet search giant a key role in online travel.
Google wants to become the hub of online travel, promising better bargains and more convenience by melding the Internet search leader's wizardry with the Web's top airline-fare tracker, ITA Software.