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Published on 4/29/2009 in the Prospect News Convertibles Daily.

Travel24.com new majority owner Unister acquires, to convert €1.3 million convertibles

By Angela McDaniels

Tacoma, Wash., April 29 - Travel24.com AG said Unister Holding GmbH acquired €1.3 million of convertible bonds from their holders and will convert them into 1.17 million shares shortly.

The convertibles were acquired in connection with the pending majority takeover of Travel24.com by Unister, according to a company news release.

Travel24.com is based in Munich, Germany, and offers travel information, package tours, flights and rental cars.


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