October 30, 2006 | E-mail article link | m-Travel.com | Comments (0)

Diller eyes acquisition of British travel websites: media

Barry Diller, the American entrepreneur behind Internet conglomerate IAC/InterActiveCorp and the online travel company Expedia, is reportedly looking at “several” potential acquisitions in the UK.

According to the Guardian, Diller said, “We are looking at several things in the UK. We are definitely looking in the travel space. There’s lots of little entrepreneurship that intrigues us.”

The Guardian, however, said Cheapflights, the price comparison Web site, could be a potential option. The newspaper said Cheapflights had confirmed it was mulling a 200 million pound ($378.1 million) sale or flotation.

Last year, IAC/InterActiveCorp - a business that spans online activities that range from dating (Match.com) to search (Ask.com) to financial services and home shopping - spun off its travel assets, which include the TripAdvisor website and Hotels.com as well as Expedia, in a separate stock market listing.

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