Expedia acquires TravelGuru stake - No Deal

Entities Mentioned

• Ashwin Damera

1. Nikhil has an update from TravelGuru CEO Ashwin Damera that ongoing rumors of Expedia acquiring majority stake in TravelGuru for $17 million are mere speculation and that no deal has been signed.
   Just like everyone else reported, a $17 million for a majority stake would be just like a desperate deal. Something seemed very odd about the numbers.
   Copyright © Pranav Dharma -StartupDunia, 2006-2008 436351e6071a7eb576c4616f80308eb7 Related PostsTravelGuru acquires Desiya for Rs 100 crore ($25 million) (Read Full Article)
   
   

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