Online travel agent Wotif looks to have stitched up a deal to sell its entire operation to global giant Expedia for AUD703 million, or AUD3.30 a share. Company directors and co-founders, Graeme Wood and Andrew Brice, who between them control 35% of Wotif stock, support the deal, making a counter-bid unrealistic and therefore unlikely. (Check back for a detailed analysis later today).
No Vacancy Changes It Up
- Sydney, October 24 &25 -
Just as times change, so must businesses or they get left behind.
You've probably heard speakers talking about such things at No Vacancy or other conferences in the past.
Well, you've got to practice what you preach otherwise you're Jimmy Swaggart.
Get set for some huge changes to No Vacancy.
Stayed tuned for an announcement next week.
PS: To be kept abreast of the latest developments, please register here.