PRICELINE FOUNDER FUNDS WEBHOUSE EXPANSION

STAMFORD, Conn. -- Priceline.com founder Jay Walker last week said he would sell a 5% interest in the company to raise funds for Priceline's fast-growing private grocery venture, WebHouse Club.Liberty Media, Englewood, Colo., and Vulcan Ventures, Bellevue, Wash., said they would purchase 8 million shares of Priceline stock for $190 million. Walker said he would use the after-tax proceeds -- about

STAMFORD, Conn. -- Priceline.com founder Jay Walker last week said he would sell a 5% interest in the company to raise funds for Priceline's fast-growing private grocery venture, WebHouse Club.

Liberty Media, Englewood, Colo., and Vulcan Ventures, Bellevue, Wash., said they would purchase 8 million shares of Priceline stock for $190 million. Walker said he would use the after-tax proceeds -- about $125 million -- to fund expansion of the WebHouse service, which allows consumers to bid

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