Travelport is the technology company which makes the experience of buying and managing travel continually better. It operates a travel commerce platform providing distribution, technology, payment and other solutions for the global travel and tourism industry. The company facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel marketplace.
Travelport has a leadership position in airline merchandising, hotel content and distribution, car rental, mobile commerce and B2B payment solutions. The company also provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions. With net revenue of over $2.5 billion in 2018, Travelport is headquartered in Langley, UK, has approximately 3,700 staff and is represented in 180 countries and territories.
Acquisition
Further to our announcement on December 10, 2018, Travelport has closed its sale to an affiliate of Siris Capital Group, LLC (“Siris") and Evergreen Coast Capital Corp. (“Evergreen”). The company is now privately owned.
Shareholder Agreement
As a result of the acquisition, Travelport stockholders received $15.75 in cash per common share. Additional details regarding the acquisition can be found in Travelport’s historical SEC filings, including the proxy statement delivered to Travelport shareholders in connection with the acquisition that was filed on February 13, 2019.
Former Shareholder Inquiries
If you were a stockholder of record of Travelport prior to the acquisition and have an inquiry, please contact:
American Stock Transfer & Trust Company, LLC
6201 15th Avenue
Brooklyn
NY 11219
+1-800-937-5449