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USA Interactive, Expedia to merge

Published on .

New York--Online commerce company USA Interactive and online travel company Expedia announced a $3.3 billion merger. Under the deal, USA Interactive, which is the majority shareholder of Expedia, will purchase the shares of Expedia it does not already own. USA Interactive also owns a majority interest in Hotels.com, Ticketmaster.com, Match.com and Evite.com.
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