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US online travel agent on the hunt for buyout interest from funds
Published Wed, Jan 21, 2015 · 09:50 PM
New York
ORBITZ Worldwide Inc, the online travel agent that runs Orbitz.com and Cheaptickets.com, is exploring a sale, people with knowledge of the matter said.
The company is working with a financial adviser as it reaches out to potential buyers, said the people, asking not to be identified discussing private information. Chicago-based Orbitz has drawn interest from private equity funds and other Internet companies, the people said, without identifying potential buyers.
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