web analytics

Travelport Close to Being Taken Private by Activist Investor

By Sean O’Neill, Skift


Elliott Management is a hedge fund run by Paul Singer, a well-known activist investor, shown here. Eliott has targeted Travelport, the travel distribution technology company, for a plan to take the company private in a buyout. Travelport

Skift Take: Travelport has only been on the public market for four years, but hedge fund Elliott Management believes it can engineer a leveraged buyout that will unlock more value from the company. A spin-off of payments unit eNett is a likely an early goal.

— Sean O’Neill

Read the Complete Story On Skift

…read more

From:: Skift

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>