"SAP Concur refused the offer. It intends to shutter both the Hipmunk consumer brand and the Concur Hipmunk business travel incarnation on January 23."
Do Sap Concur stand to gain by closing Hipmunk down? Why would they not take money for something they were going to destroy anyway?
It's probably now integrated with their systems, and to disentangle would require engineering. You can argue that so long as the $$$ of the sale pays for it that SAP should sell it, but I would argue that if those engineers could be working on something else that is of higher value that you shouldn't try to sell it, especially if the cost of disentangling isn't well known.
https://skift.com/2020/01/14/hipmunk-co-founders-spurned-by-...