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In 2003, Amex GBT acquired Rosenbluth International from Hal Rosenbluth in a "mega deal" that combined two of the top global travel agencies at the time. [3]In 2014 American Express divested their Global Business Travel division for an investment of $900 million to an investor group creating American Express Global Business Travel.
Travel agency $ 78,000,000 [20] July 11, 2002: Metropolitan Travel Travel agency — [21] October 28, 2002: Newtrade Technologies Reservation software — [22] April 5, 2004: Activity World Travel and touring — [23] April 12, 2004: Egencia Travel agency — [24] July 15, 2008: Venere.com: Hotel Booking Engine € 200,000,000 [25] October 18 ...
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American Society of Travel Advisors (abbreviated as ASTA) is a trade association which was formed to represent and defend the business and regulatory public policy interests of travel intermediaries, including travel agencies (including traditional "brick and mortar" agencies, online portals, mega- and corporate agencies, and small and mid-market businesses) and tour providers (including ...
Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New York City, the majority of its headquarters employees were in Parsippany-Troy Hills, New Jersey.
Slow Ventures, an early-stage venture capital firm based in New York, Boston, and San Francisco, is raising two new funds, including a $165 million fund VI and a $110 million opportunity fund ...
In 1967, Arnold Tolkin purchased a travel agency called ATS. Seven years later, Tolkin formed a group incentive and convention travel company out of ATS and named it Travel Impressions. In 1998, the Tolkin family, along with partner Ira Theodore, sold the tour operator to American Express. In April 2013, American Express and ALG announced an ...
The resulting company was listed on the NASDAQ stock exchange, with Sabre owning around 70% of the company. [8] In March 2002, Sabre reacquired all outstanding shares of the brand via a tender offer. [9] Jones left the company shortly afterward, in May 2002. [10] In March 2002, Travelocity acquired last minute travel specialist Site59.com. [11]