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Expedia Inc announces agreement to purchase Auto Escape Group


Thursday, 26 Jun 2014 04:30pm EDT 

Expedia Inc:Entered into a definitive agreement to acquire Auto Escape Group, online car rental reservation companies from private equity fund Montefiore Investment and certain members of the AutoEscape Group's management team.Upon closing, Auto Escape Group will become a part of the CarRentals.com brand and report into Henrik Kjellberg, President of the Hotwire Group. 

Company Quote

80.31
3.06 +3.96%
21 Oct 2014