Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday (April 24). The SPACs, while once darlings, have recently not been doing well, leaving dealmakers...
With companies in the travel industry starting to see payment innovation as a long-term investment instead of a short-term cost, Amadeus IT Group is reportedly in talks to potentially acquire hotel reservation system provider TravelClick. TravelClick could bring in as much as $3 billion, but...
April 02, 2024
Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. The investors joining Singh in the acquisition include Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners and Blackstone Credit & Insurance, Direct Travel said in a Tuesday (April 2) press release. “Direct Travel sets the bar for customer experience,” Singh said in the release. “We […]
April 24, 2022
Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday...
