Ctrip was Priceline overweight: The deal was nearly 90 million dollars

November 7 News, in the first half month of October, Ctrip carried out a second increase of 300 million U.S. dollars, the U.S. online travel company Priceline in the open market to spend nearly 90 million U.S. dollars to buy more than 1.5 million shares.

Chengti to the Securities and Exchange Commission (SEC) documents show that Priceline bought 1,522,880 U.S. Depository Shares (ADS) in the open market between October 20 and November 4, trading about $87 million trillion.

This is Priceline this year's third increase in Ctrip, the second increase in the period from October 10 to October 17, overweight on the scale of about more than 3 million ads, trading scale of nearly 300 million U.S. dollars, the first increase in the period from September 2 to September 29, overweight on the scale of about more than 2 million, The deal is about 135 million dollars in size.

The third increase allowed Priceline to rise to 522 million dollars in the open market for Ctrip, including $135 million in September and nearly 300 million U.S. dollars in the first half of October.

Taking into account the August 7 this year to buy Ctrip 500 million dollar convertible bond investment, Priceline to Ctrip's total investment scale to 1.016 billion U.S. dollars.

As of November 4, Priceline held Ctrip 12,761,835 ads, which included 6,616,485 ads bought through the open market, and 6,145,350 ads, converted into 500 million dollar convertible bonds.

With the increase from October 20 to November 4, Priceline's shareholding in Ctrip has increased from 7.9% in October to 8.97%. (Xiao Feng)