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Expedia sells stake in eLong to Ctrip and others for $671 million – Tnooz
Aggregated Source: China Travel - Google News

Expedia sells stake in eLong to Ctrip and others for $671 million
Tnooz
The sale ends Expedia's official presence in China, although it says with Ctrip both will now cooperate on “certain travel product offerings for specific geographic markets”. According to eLong, Expedia's stake was sold at an average price of $14.63 per share.

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