Comments on: Is Expedia Buying Travelguru? http://startupcentral.in/2008/06/is-expedia-buying-travelguru/ Sat, 11 Feb 2012 18:33:57 +0530 hourly 1 http://wordpress.org/?v=3.3.1 By: Sahad http://startupcentral.in/2008/06/is-expedia-buying-travelguru/#comment-206 Sahad Mon, 30 Jun 2008 20:57:36 +0000 http://startupcentral.wordpress.com/?p=308#comment-206 The big news is that TravelGuru has been sold to Expedia. That has not been denied in any communication from the company to VC Circle post-publication of the story. The only dispute is the valuation and deal size, which we do not claim are the exact numbers but are just indicative. They are the sort of numbers which may or may not be off the mark unless you pick it up from SEC/CLB filings. For now, let's savour the news that TG will be Expedia owned, if it's not already. The big news is that TravelGuru has been sold to Expedia. That has not been denied in any communication from the company to VC Circle post-publication of the story.

The only dispute is the valuation and deal size, which we do not claim are the exact numbers but are just indicative. They are the sort of numbers which may or may not be off the mark unless you pick it up from SEC/CLB filings. For now, let’s savour the news that TG will be Expedia owned, if it’s not already.

]]> By: nikhil http://startupcentral.in/2008/06/is-expedia-buying-travelguru/#comment-204 nikhil Mon, 30 Jun 2008 17:11:02 +0000 http://startupcentral.wordpress.com/?p=308#comment-204 Hmm...I think the question you really need to ask is - would Sahad have done the story had he written in the print media? I think he would. I don't think Sahad would have done the story unless he was confident about it, irrespective of whether it is in print or online. That said, what Ashwin Damera told MN is that the deal hasn't been signed yet. Doesn't mean it isn't in the process; just that it hasn't been closed. Hmm…I think the question you really need to ask is – would Sahad have done the story had he written in the print media? I think he would. I don’t think Sahad would have done the story unless he was confident about it, irrespective of whether it is in print or online.

That said, what Ashwin Damera told MN is that the deal hasn’t been signed yet. Doesn’t mean it isn’t in the process; just that it hasn’t been closed.

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