November 9, 2012 |
Priceline.com, the popular online travel service, agreed Thursday to acquire Kayak Software Corp. for $1.8 billion, a deal that would boost Priceline's customer base as it wrestles with a sluggish economy and newer, more nimble rivals. Under the terms of the deal, Priceline will pay $500 million in cash and $1.3 billion in stock for Kayak, a comparison travel website. The sale values Kayak at $40 a share, a 26% premium to its closing price of $31.04 on Thursday and 57% higher than its July initial public offering price of $26. Shares of Kayak jumped 27% to $39.30 in after-hours trading Thursday, while Priceline shares fell slightly.
November 8, 2012 |
SAN FRANCISCO -- Looking to expand its travel empire in a sluggish economy, Priceline.com plans to buy its younger, fleet-footed competitor Kayak Software in a $1.8-billion deal. Priceline, which was welped during the dot-com boom but has grown into the world's most valuable online travel agency, said Thursday it has offered to buy Kayak for $40 a share. That's a 29% premium on Thursday's closing price of $31.04. The move was seen as a way to grow its business at a time when it has been tougher to land new customers and it has been fighting off new rivals.
October 10, 2012 |
Puerto Rico wants you to have more fun. Really. Its tourism agency is giving away adventure tours -- such as a guided tropical rain-forest hike, a San Juan food tour and a kayak trip on a bay whose waters glow with sea life -- to visitors who stay four nights at selected hotels. The deal: To get this deal, you can book rooms directly with the hotels listed at the Puerto Rico Tourism Co.'s website or reserve via Travelocity, Orbitz, Expedia and other discount websites. Then choose one of six free activities: a hike in El Yunque National Forest , a culinary tour of San Juan, a kayak tour of one of Puerto Rico's bays, a catamaran tour, a zipline ride at ToroVerde Adventure Park or a bicycle tour of Old San Juan.
September 30, 2012 |
Looking to save money on a flight? Your best bet is to book your flights 21 days before departure, according to a new study by the travel booking site Kayak.com. Over a six-month period before departure, the average fare for a domestic flight is $370, according to a study of millions of flights booked by Kayak users. But that fare drops to its lowest level - $342 - when booked 21 days before departure, according to Kayak. But a separate study released in January said the lowest domestic fares can be found six weeks before departure.
September 4, 2012 |
Russell Crowe and a friend got into a bind while adventuring in kayaks over the Labor Day weekend - and unlike the semi-regular hoaxes that have the "Gladiator" star running afoul of adventure, usually in the mountains of Austria , this story's actually true. Crowe and trainer buddy Chris Feather rented two one-man kayaks out of Cold Spring Harbor, according to WPIX. Alas, they didn't make it all the way to their destination before the sun went down and decided to beach in Huntington Harbor, the U.S. Coast Guard said.
September 2, 2012 |
The murmuring around Toluca Lake is that "Ghost Whisperer" star Jennifer Love Hewitt has listed a house for sale at $2.895 million and is trying to lease out another place she owns up the street — complete with watercraft. The traditional-style house for sale was built in 1952. It features a flexible floor plan, an office, six bedrooms, six bathrooms and 5,921 square feet of living space. The quarter-acre site includes a swimming pool and a patio with a built-in bar. Public records show the property was purchased in 1998 for $1.695 million.
August 18, 2012
Truth Aquatics' one-day adventure to Santa Cruz Island is a great day on the water, with whale watching, a visit to Santa Cruz's Painted Cave, snorkeling, kayaking and just plain relaxing. $90 per person includes breakfast and barbecue lunch; $50 for kids ages 5 to 12. Multiday hiking trips to the island also are available. Truth Aquatics, Santa Barbara; (805) 962-1127, http://www.truthaquatics.com Doris Schaffer Santa Barbara
HOME & GARDEN
August 17, 2012
Tickets for kayaking the L.A. River this season are sold out, but for information on future seasons, visit the L.A. Conservation Corps site, www.paddlethelariver.org . Tickets sold through L.A. River Expeditions are $50 to $55; www.lariverexpeditions.com .
HOME & GARDEN
August 17, 2012 |
I've always liked slow-moving rivers - mirrors to moonlight and literature, our first and best interstates, running over rocks, as Norman Maclean so deftly put it, "from the basement of time. " So what am I doing in the San Fernando Valley, a mile from the junction of the 405 and 101? Running a river, baby. Wall of trees to my left. Wall of trees to my right. Dozens of species of chattering birds. Minnows doing button-hooks beneath a ribbon of urban drool. Honestly, if someone blindfolded and plopped you down here, without your having chugged the freeways, without your kicking up a stampede of dust when you parked along Woodley Avenue, you might think you're in Idaho.
July 29, 2012 |
SEATTLE - Pike Place Market. The Space Needle. Pioneer Square. Check, check and check. If you've hit these obvious Seattle destinations, you're not a newbie. But maybe you're not an insider either. So, this 21-stop Seattle checklist is for you. It skirts those three attractions and several other popular stops to make more room for Ballard, Capitol Hill, Fremont and the University District - four asset-rich Seattle neighborhoods my family and I explored on a visit last summer.