Tech Company M&A Transactions
OTravel.com Acquisition
OTravel.com was purchased by Castles Media Company. The transaction occurred on 4/25/2007. The transaction price was $17 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/25/2007
Transaction Type
M&A
Amount
$17,000,000
M&A Terms
Overstock.com, Inc.
(Nasdaq: OSTK) today announced that it has completed the sale of its wholly
owned subsidiary OTravel.com, Inc. to Castles Travel, Inc., an affiliate of
Kinderhook Industries, LLC, and Castles Media Company LLC, for $17.0
million, including cash of $11.0 million.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
6350 South 3000 East
Salt Lake City, UT 84121
USA
Salt Lake City, UT 84121
USA
Phone
Website
Email Address
Not Recorded
Overview
The company operates an online travel booking website.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Patrick Byrne
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