Expedia shares were down more than 4 percent on Monday.
Expedia confirmed reports on Monday that its CEO Dara Khosrowshahi had been offered the top job at Uber. But board member Barry Diller wrote in regulatory filings that while he’s likely to accept the role, the arrangement has not yet been finalized.
Expedia filed the following memo with the Securities and Exchange Commission.
Expedia shares were down more than 4 percent on Monday.
