Expedia, Inc enters into agreement to acquire Venere.com

Expedia, Inc has announced that it has entered into an agreement to acquire Italy-based Venere Net ApA from Advent International and the founding partners. Venere.com has established relationships with approximately 29000 hotels and bed and breakfast properties throughout Europe and the U.S. The transaction will result in the addition of more than 10000 incremental hotel properties in Europe, the...