Priceline buys car-rental service TravelJigsaw

News and Events 1413 Hits > 2010-05-18 23:46:32


Travel Jigsaw

NORWALK, Conn. - Priceline.com Inc. said Tuesday it bought online car-rental service TravelJigsaw to bolster its international business.


Terms were not disclosed.


Priceline said it planned to keep TravelJigsaw's current management, which will keep a minority stake in the company.

England-based TravelJigsaw was created in 2004 and offers rentals at more than 4,000 locations in 80 countries in the Americas, Europe, Asia, Australia, the Caribbean, Africa and the Middle East, according to Priceline.


Shares of Priceline fell $7.29, or 3.6 percent, to $192.86 in regular trading.


Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



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