Amadeus pays $57m for Vacation.com

brandrepublic.com, Monday, 30 October 2000, 12:00am,

Travel reservation firm Amadeus Global Travel has bought Vacation.com, a US online travel network for $57.3m in cash.

LONDON (Brand Republic) - Travel reservation firm Amadeus Global Travel has bought Vacation.com, a US online travel network for $57.3m in cash.

As part of the deal, Amadeus will issue warrants to acquire 1.8m Class A shares in Amadeus, and will assume $27m in debt.

Vacation.com is the US’s largest holiday-selling consortium, serving 8,400 travel agencies.

www.global.amadeus.net

www.vacation.com

This article was first published on brandrepublic.com

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