Expedia in Talks to Sell Stake to Silver Lake, Apollo: DJ

(Bloomberg) -- Online travel booking company Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. for an investment of around $1 billion, Dow Jones reports, citing people familiar with the matter.

The deal, which could be announced this week, is likely to include board representation on Expedia.

The talks could still fall through and the company could consider other options to raise funds, including in a public-debt offering.

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