Sergey Golubev’s Post

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Managing partner – Crynet Marketing Solutions (DM me on Telegram - @Ssg_crynet)

One of the best M&A deals in history: Acquisition of Booking.com This is quite a well-known story, but the specific efficiency numbers of the deal are incredibly impressive. In 2005, Priceline acquired Booking.com for $133M. Today, this platform is valued at $130 billion. During this time, the shares have grown 178 times, and revenue has increased 22 times. Booking.com has become virtually a monopoly in most online travel booking markets. In 2018, Priceline renamed itself to Booking Holdings, adopting the name of the acquired asset. The deal is considered one of the most successful in internet history, demonstrating how one successful acquisition can completely change the fate of a company (and in turn, an entire industry). #MergersAndAcquisitions #Booking #BusinessSuccess

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