Monday, August 1, 2016

Expedia Mulls Trivago IPO

Bellevue-based Expedia is mulling an IPO of its Trivago business unit, company disclosed late last week, saying that it is considering an initial public offering of the company. Trivago suggested in its 10-Q that the IPO would happen before March 31, 2017, based on arrangement it has with Trivago's founders. Trivago is an online, hotel comparison site based in Germany. Expedia acquired the majority of Trivago back in 2012. No other details on the potential IPO have been announced by Expedia.