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World Reservations International has been solde for $340 million

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Published on 02/12/09 - Updated on 17/03/22

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Parent company to booking site Hostelworld.com and travel site Boo.com, WRI was initially ready to go public through an IPO in 2008. “We were trying to push it out to a $600-700 million market cap. That’s a big IPO. It was so big that the market only had to cough, and we knew the IPO was off,”...

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