Amadeus moves into US

Amadeus, the Madrid-based technology provider for the travel industry and global distribution system, is set to continue growing its presence in the US market, following the acquisition of Vacation.com, the US holiday-selling network last week. More acquisitions and partnerships are planned.

Choosing not to employ any investment bankers in an advisory capacity, Amadeus bought Vacation.com for $57.3m (&#836467.6m) in cash and warrants with the assumption of $27.7m of debt.

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