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