Kayak Software Corporation, Special/Extraordinary Shareholders Meeting, Mar 04, 2013. Agenda: To approve adoption of merger agreement with Priceline.com Incorporated.

Kayak Software Corporation is seeking acquisitions in Europe. Kayak Software has appointed ZenithOptimedia to handle its digital and offline media planning and buying business across Europe, including the United Kingdom. Kayak is currently running the review out of the UK through Consultant Simon Foster.

The Shareholders Foundation Inc. announced that an investor in Kayak Software Corporation shares filed a lawsuit to stop the proposed buyout of Kayak Software Corporation by Priceline.com Incorporated at a value of approximately $40 per KYAK. Investors who purchased shares of Kayak Software Corporation prior to November 08, 2012 and currently hold any of those KYAK shares, have certain options and should contact the Shareholders Foundation Inc. at mail@shareholdersfoundation.com or call 1-858-779-1554. On November 8, 2012, Priceline.com Incorporated announced that it has signed an agreement for the Priceline to acquire Kayak Software Corp. in a stock and cash transaction. Under the terms of the agreement the transaction values Kayak Software Corp. at approximately $40 per share. However, the plaintiff alleges that the defendants breached their fiduciary duties owed to KYAK stockholder by agreeing to sell the company too cheaply and via an unfair process. The plaintiff claims that the offer is unfair to KYAK stockholders and undervalues the company.