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Travelport gets US clearance for Worldspan acquisition
Travelport has received antitrust clearance from the US Federal Trade Commission over its acquisition of Worldspan.
The deal remains subject to clearance by the European Commission, but Travelport said it was optimistic that approval will come in time for it to complete the acquisition in the third quarter of 2007.
Travelport claims the move will enhance competition and benefit travel suppliers and travel agents.
By Bev Fearis
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Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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