UPDATE: Update: Yahoo has confirmed they bought the company, more than a month ago. Why was this kept quiet? SEC rules did not require disclosure due to the small size of the deal…the statement they sent to me: “FareChase’s travel expertise will help further Yahoo!’s goal to create the most comprehensive and relevant travel experience on the Web.” Yahoo stressed this will not impact the Yahoo Travel! property in which Travelocity continues to be the exclusive partner. Well, maybe, but…I’m not sure about that long term!