Expedia to boost liquidity with $3.2 billion capital raise, names new CEO

Expedia to boost liquidity with $3.2 billion capital raise, names new CEO

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-expedia-group-stake/expedia-to-boost-liquidity-with-3-2-billion-capital-raise-names-new-ceo-idUSKCN22523W

Expedia Group Inc said on Thursday it was raising $3.2 billion in fresh capital to boost its liquidity, in an effort to ride out a coronavirus-driven collapse in travel demand.