Priceline Group, a travel company that uses William Shatner, who played Captain Kirk in the Star Trek television and movie series, as a spokesman, will acquire Kayak Software Corp. (Nasdaq: KYAK) in a deal valued at $1.8 billion. The deal comes just months after the target’s July initial public offering.
The price works out to $40 per share of Kayak’s common stock. Kayak’s management team will stay in place. The company's share price closed at $31.04 on Nov. 8 and was up to $39.62 on the afternoon of Nov. 9.