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Article: Amadeus and Terra Lycos Take Majority Stake in OneTravel.com.
- Article from:
- PR Newswire
- Article date:
- November 15, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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- Terra Lycos,
- expands presence in online travel, the largest e-commerce sector
- Amadeus strengthens its e-commerce presence in the US, while
OneTravel.com market share can expect a significant boost
MADRID, Spain and EAST GREENVILLE, Pa., Nov. 15 /PRNewswire/ --
Amadeus, a leading global distribution system (GDS) and technology provider to the travel industry, and Terra Lycos (Nasdaq: TRLY), the 'leading global Internet network, today announced that they have acquired a 55 percent equity shareholding in OneTravel.com, a top ten US online travel Web site. Financial details were not disclosed and the agreement remains ...