The closing date of the pending merger between Kayak Software Corp. and priceline.com Inc. has been set for May 21, the companies recently announced, with all the necessary approvals having been obtained from U.S. and U.K. regulators.
Kayak stockholders have until 5 p.m. this evening, May 14, to specify what type of consideration they wish to receive. Kayak stockholders are also under deadline to submit a completed election form.
The $1.8 billion cash-and-stock acquisition of Kayak by priceline.com was first announced Nov. 8, 2012. Both companies are headquartered in Norwalk, with Kayak in the midst of building a new headquarters in Stamford’s South End. Under the merger agreement, Kayak will continue to operate independently under its current management team as part of the Priceline Group of companies.
