Online travel agency priceline.com Inc. (PCLN) said Monday that shareholders of KAYAK Software Corp. (KYAK) have voted overwhelmingly to approve the adoption of the previously announced merger agreement between KAYAK, priceline.com and Produce Merger Sub Inc., a wholly owned subsidiary of priceline.com.
The closing of the merger will take place once the remaining conditions to closing, including the receipt of all required regulatory approvals, have been satisfied.
In November, priceline.com Iagreed to buy Kayak Software in a $1.8 billion cash and stock deal. The deal values Kayak at $40 per share.
Kayak, which went public in July 2012, is a travel research site that allows people to easily compare hundreds of travel sites at once when searching for flights, hotels and rental cars, and gives travelers choices on where to book.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.