8-K/AAcquisitions & DispositionsExhibits & Filings

Expedia Group, Inc. 8-K/A Report, Acquisition Completed (Oct 25, 2005)

Filed October 25, 2005For Securities:EXPE

Summary

This Form 8-K/A filing from Expedia, Inc. serves as an amendment to a previous report, primarily confirming the completion of IAC/InterActiveCorp's spin-off of Expedia, Inc. on August 9, 2005. This event marks Expedia's official separation and establishment as an independent entity. The filing includes references to key financial statements, such as audited and unaudited combined financial statements, as well as unaudited pro forma condensed combined financial statements, which are crucial for investors to understand the company's financial position and performance post-spin-off. For investors, this filing signifies a pivotal moment in Expedia's corporate history, transitioning from a subsidiary to a standalone public company. The inclusion of detailed financial data, spanning multiple periods and including pro forma information, allows for a comprehensive assessment of Expedia's financial health, operational results, and the financial implications of the spin-off. Investors should review these incorporated financial exhibits to gauge the company's standalone value and future prospects.

Key Highlights

  • 1Confirms the completion of the spin-off of Expedia, Inc. from IAC/InterActiveCorp on August 9, 2005.
  • 2Marks Expedia's transition to an independent, publicly traded company.
  • 3Incorporates by reference audited combined financial statements for periods ending December 31, 2004 and 2003.
  • 4Includes unaudited interim combined financial statements as of June 30, 2005, and for the six months ended June 30, 2005 and 2004.
  • 5Provides unaudited pro forma condensed combined financial statements to illustrate the financial impact of the spin-off.
  • 6The filing is an amendment to a prior Form 8-K, indicating an update or clarification of information.
  • 7Dara Khosrowshahi, CEO, signed the filing on behalf of Expedia, Inc.

Frequently Asked Questions

The primary purpose of this 8-K/A filing is to amend a previous report and officially confirm the completion of the spin-off of Expedia, Inc. from IAC/InterActiveCorp, which occurred on August 9, 2005. It also incorporates crucial financial statements for investors.

This filing incorporates by reference several key financial statements, including audited combined financial statements for years ending December 31, 2004 and 2003, unaudited interim combined financial statements as of June 30, 2005 and for recent periods, and unaudited pro forma condensed combined financial statements reflecting the spin-off's impact.

The spin-off signifies Expedia's transition from being a part of IAC/InterActiveCorp to becoming an independent, standalone public company. This allows investors to evaluate Expedia's performance and financial health on its own merits.

This filing is an amendment (8-K/A) because it's updating or clarifying information previously filed in an original 8-K report. Specifically, it amends Item 9.01 (Financial Statements and Exhibits) of a prior filing, likely to ensure all necessary financial disclosures related to the spin-off are properly included or referenced.