Despegar.com Enters Into Merger Agreement to Be Acquired by Prosus for $19.50 Per Share in Cash
Despegar.com, Corp. Ordinary Shares (DESP)
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am
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Source: Business Wire
Key Highlights:Despegar, a global leader in online travel services, and Prosus, a leading global technology company, join forces in an all cash transactionShareholders of Despegar will receive $19.50 per share in cash, which represents an approximately 33% premium over its closing price of $14.65 and a premium of approximately 34% over its 90-day volume weighted average trading priceThe transaction values Despegar at $1.7bn BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it has entered into a definitive merger agreement (“the Agreement”) to be acquired by Prosus (Euronext: PRX), a leading global technology company for $19.50 per share in an all cash transaction (the “Transaction”), representing an enterprise value of approximately $1.7 billion for Despegar.The transaction price represents a premium of approximately 34% over the volume weighted average pri
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News
- ServiceNow initiated, Brinker upgraded: Wall Street's top analyst calls [Yahoo! Finance]Yahoo! Finance
- Despegar.com, Corp. (NYSE: DESP) was upgraded by analysts at TD Cowen from a "sell" rating to a "hold" rating.MarketBeat
- Shareholder Alert: Ademi LLP investigates whether Despegar.com, Corp. is obtaining a Fair Price for its Public ShareholdersBusiness Wire
- Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion [Yahoo! Finance Canada]Yahoo! Finance Canada
- Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion [Yahoo! Finance Canada]Yahoo! Finance Canada
DESP
Earnings
- 11/14/24 - Miss
DESP
Sec Filings
- 12/26/24 - Form SCHEDULE
- 12/23/24 - Form 6-K
- 12/12/24 - Form 6-K
- DESP's page on the SEC website