Sean O'Neill, Skift
Few companies other than activist investor Elliott Management expressed a serious interest in acquiring Travelport. Elliott twice lost potential private equity partners after they reviewed Travelport's books. The deal price is underwhelming, and that's a signal that some things haven't been going the company's way.
4 months ago
Sean O'Neill, Skift
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.
5 months ago
Sean O'Neill, Skift
While Travelport is best known as a middleman for selling airplane tickets, its fastest-growing segment is in commercial payments. While payments competitors like Wex and Worldpay don't have to worry yet, they may have to soon.
2 years ago