Travelzoo: Classic Value Trap
Travelzoo: A Dog Worth Betting On?
Aug. 26, 2015, 7:10 PM
- Travelzoo (NASDAQ:TZOO) has acquired the "Travelzoo Asia Pacific Business," which operated independently under the Travelzoo brand, for a mixture of cash and a $5.7M promissory note.
- The business had 2014 revenue of $10.8M, and operates in China, Japan, Hong Kong, Taiwan, Australia, and Southeast Asia. Travelzoo highlights the deal's potential to "tap into opportunities arising from the fast-growing number of Chinese outbound travelers."
- The company also announces it has added Caroline Tsay, an HP software exec, and Beatrice Tarka, the founder/CEO of travel search engine Mobissimo, to its board.
Apr. 11, 2012, 8:01 AM
Sep. 9, 2011, 12:04 PM
Sep. 9, 2011, 8:57 AM
Travelzoo (TZOO) +8% premarket after receiving a tactical tender offer from ChaPaVe Partners to buy a 9% stake for $40/share, which could result in the company going private.| Sep. 9, 2011, 8:57 AM
Travelzoo, Inc. operates as a global internet media company which provides information to subscribers and website users about the best travel, entertainment and local deals available from thousands of companies. Its publications and products include the travelzoo websites, the travelzoo Top 20... More
Industry: Internet Information Providers
Country: United States
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