Expedia shares fly on report of talks to sell stake for $1 billion

(Reuters) - Shares of Expedia Group Inc rose 9% on Wednesday after a report that the online travel services company was in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion.The talks, which were reported https://www.reuters.com/article/us-expedia-group-stake/expedia-nearing-deal-to-sell-stake-to-silver-lake-and-apollo-wsj-idUSKCN224032 by the Wall Street Journal on Tuesday, come as companies across sectors look to..