Expedia Close to Selling a Potential $1 Billion Stake to Private Equity to Help Shore Up Finances

Expedia Close to Selling a Potential $1 Billion Stake to Private Equity to Help Shore Up Finances

Pictured is Expedia Group chairman Barry Diller. Two private equity firms may invest in the company to get it through the coronavirus pandemic. Patrick Fallon / Bloomberg

Skift Take: Two private equity firms are likely taking a minority stake in Expedia Group at very attractive terms — for the investors. There will be a flood of these types of deals inside the travel industry — and outside it, as well.

— Dennis Schaal

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