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Farecast sold in $75 million deal

April 14, 2008

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http://www.Farecast.com has been sold in a deal that values the online travel search startup at more than $75 million, according to a source with knowledge of the situation.

The buyer was not known, and Farecast Chief Executive Hugh Crean declined to comment late Sunday.

But one natural choice would be Expedia, the Bellevue travel juggernaut. Expedia spokeswoman Katie Deines said Sunday that the company does not comment on "rumors and speculation."

By JOHN COOK P-I REPORTER

Full Story: http://seattlepi.nwsource.com/busine ... cast14.html
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