TITLE

IAC splits business to tackle rival

PUB. DATE
January 2005
SOURCE
Travel Weekly: The Choice of Travel Professionals;1/7/2005, Issue 1751, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Interactive Corp. (IAC) has split its business into two to increase its share of the online travel market and fight off rival Cendant Corp. IAC is the biggest online travel company in the world with its Expedia brand at the forefront of its operations. But Cendant has jumped to number two in the online travel market following its purchases of Orbirz, Ebookers and Gullivers.
ACCESSION #
15861348

 

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