Original URL: http://www.theregister.co.uk/2004/03/03/lastminute_buys_online_travel_corp/
Online travel agent lastminute.com has bought Online Travel Corporation for £54.9m
The deal values OTC shares at 31p each or .1319 of a new lastminute share for each OTC share. Lastminute has received irrevocable undertakings from 26.6 per cent of OTC shareholders and from the company's board.
OTC claims 15 million customers through a network of sites which includes a2btravel.com, bargainholidays.com and deckchair.com. ®
Lastminute.com cleared of 'mocking the Christian faith' (http://www.theregister.co.uk/content/archive/34752.html)
Martha Lane Fox heads for Selfridges (http://www.theregister.co.uk/content/archive/34668.html)
Lastminute.com buys travel firm (http://www.theregister.co.uk/content/archive/25706.html)
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