The deal positions Expedia better to battle rival Priceline.
from Travel Feedly http://www.ibtimes.com/expedia-inc-expe-acquires-travelocity-sabre-corporation-sabr-280-million-cash-1792932
from Travel Feedly http://www.ibtimes.com/expedia-inc-expe-acquires-travelocity-sabre-corporation-sabr-280-million-cash-1792932