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Odessa American | January 24, 2020
WEX , a leading financial technology service provider, today announced that it has entered into a definitive agreement to purchase eNett, a leading provider of B2B payments solutions to the travel industry and Optal, a company that specializes in optimizing B2B transactions, for a total consideration of approximately $1.7 billion, including approximately $1.275 billion in cash and approximately 2 million shares of WEX common stock paid to the sellers. WEX is acquiring eNett from Travelport and i...
Bermuda | July 28, 2020
U.S. residents who aren’t working from their offices and simply cannot handle sitting at home anymore have a new option available to them move to Bermuda for a year to work remotely from a dream Caribbean destination instead.
Bermuda has just passed new legislation called the ‘One Year Residential Certification’ program, set to become effective August 1, 2020, which sanctions foreigners to live on the island for up to twelve months, bringing along their remote work or st...
Trivago | January 15, 2021
Trivago acquires Weekend.com, a Germany-based startup - and online travel service - focusing on travelers who are searching for short breaks.
Explicit terms of deal - a 100% share takeover - have not been unveiled.
It is the first acquisition for convenience search site Trivago since it purchased TripBuddy, an AI-led personalization engine, in May 2018.
The arrangement is being heralded as a chance for Trivago to put its "marketing and product ex...
Travelzoo | September 07, 2020
The U.S. Virgin Islands (USVI) has been listed by Travelzoo’s U.S. members as the destination they would most like to visit in the Caribbean over the next two years. Travelzoo, a leading global travel company with 30 million members worldwide, reports the Caribbean should be prepared for a return of North Americans seeking warmth and refuge from the lockdowns and strictures of the Coronavirus Disease 2019 (COVID-19) pandemic.
In a recent survey of its widely traveled membershi...
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