The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Orbitz Worldwide, Inc. (“Orbitz” or the “Company”) (NYSE:
OWW) relating to the proposed buyout of the Company by Expedia, Inc.
On February 12, 2015, Expedia announced the signing of a definitive
agreement pursuant to which Expedia will acquire Orbitz in a transaction
valued at approximately $1.6 billion.
for SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Orbitz Worldwide, Inc. And Encourages Investors To Contact The Firm For Additional Information investment picks