Orbitz Worldwide Announces Sale of Portion of PAR Capital Management’s Orbitz Worldwide Holdings

18 Aug

Orbitz Worldwide today announced that PAR Capital Management has sold 8.1 million of its 24.6 million shares of Orbitz Worldwide stock.  PAR has been an equity investor in Orbitz since 2007 and subsequently acquired additional shares in November 2009 in a debt for equity exchange.

 

Source:-Travelandtoureurope.com

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