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Travelport Close to Being Taken Private by Activist Investor

By Sean O’Neill, Skift

Travelport

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

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