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07/01/2010 11:46:00 PM EST

Google books $700M buyout of travel software maker

SAN FRANCISCO –(AP) Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web.

The all-cash acquisition announced Thursday signals Google's intention to challenge flight-comparison services that are ITA customers…

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