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USA Networks to take over Expedia, will launch travel channel

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Old Jul 17, 2001, 2:14 am
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EPS
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Join Date: Apr 2000
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USA Networks to take over Expedia, will launch travel channel

USA Networks to take over Expedia, will launch travel channel
http://sfgate.com/cgi-bin/article.cg...144EDT0084.DTL

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">USA Networks Inc. is acquiring a controlling interest in online travel site Expedia Inc. and launching a cable channel devoted to travel, giving media mogul Barry Diller a major foothold in the travel business.

As part of the deal announced Monday, Diller, who is chairman and chief executive of USA Networks, will also acquire National Leisure Group Inc., a privately held online travel company. Diller will fold Expedia, NLG, the new channel and his stake in the Hotel Reservations Network, an online booking service, into one business unit.</font>
http://public.wsj.com/sn/y/SB995289821628698120.html
http://www.marketwatch.com/news/stor...-B6673E249E07}
http://www.thestreet.com/tech/internet/1491874.html
http://www.forbes.com/2001/07/16/0716expedia.html
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