Shares in ebookers, the online travel agent, tumbled more than 10% - 21 1/4p to 206p - today after major US rival Expedia said it is no longer interested in buying it.
InterActiveCorp, Expedia's parent company run by entertainment mogul Barry Diller, said in a statement today: 'In light of recent speculation InterActiveCorp announces it has decided not to participate in discussions relating to a possible offer for ebookers and does not currently intend to make an offer.'
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