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Sabre and Expedia announce Expedia's acquisition of Travelocity.

Expedia, Inc and Sabre Corporation announced that Expedia, Inc has acquired Travelocity from Sabre Corporation for $280 million in cash.
The acquisition follows the 2013 strategic marketing agreement between Expedia, Inc. and Travelocity under which Expedia has powered
the technology platforms for Travelocity’s US and Canadian websites along with providing Travelocity access to Expedia, Inc.’s supply and customer service program.
source: http://www.4hoteliers.com/news/story/13742?awsb_c=rss&awsb_k=xfeed