Travelport Close to Being Taken Private by Activist Investor
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 early goal.
Travelport, the third-largest ecommerce platform for the distribution of air, hotel, and other travel content, is close to being taken private at the end of a process begun at the start of the year by New York activist investor Elliott Management.
Reuters reports that buyout firm
