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It also has hot warrants, which may end up disappointing those who bought them this week.
Instead, it issues warrants, which look nearly identical but do not require the referendum.
The warrants, which had a strike price of $56.63 a share, will be repriced at market level, Priceline said.
The Aventis board voted to give warrants, which would have increased its outstanding shares by 22percentt.
The warrants, which became exercisable in February, were issued as part of a technology agreement between the companies.
Small changes in those assumptions can drastically change the estimated value of the warrants, which are good for 10 years.
They often rely on "no-knock" warrants, which authorise police to force their way into a home without announcing themselves.
Qatar Holding had acquired the warrants, which are financial instruments that can be exchanged for stock, during the financial crisis.
The airline would not disclose the terms of the warrants, which give a holder the right but not the obligation to buy shares at a certain price.
Similar(2)
XY A symbol used in newspapers to denote that a stock is trading ex-warrants, which is without warrants attached.
European warrants - which became effective in Italy only last week - are designed to simplify and accelerate extradition procedures, and have brought the average length of the process down from nine months to just 45 days, according to a recent European commission report.
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