(Bloomberg) -- Online travel booking company Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. for an investment of around $1 billion, Dow Jones reports, citing people familiar with the matter.
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The deal, which could be announced this week, is likely to include board representation on Expedia.
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The talks could still fall through and the company could consider other options to raise funds, including in a public-debt offering.
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