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Booking Paid $90 Million Termination Fee For Its Failed eTraveli Acquisition
Booking Holdings, whose $1.8 billion deal to acquire Sweden’s eTraveli Group was blocked by European Commission earlier this year, paid out $90 million in termination fee this October, according to a nugget in its latest quarterly statement. Typically deal breakup/termination fees are between 1-5 percent of the total deal value and paid by the seller…
Rafat Ali | 5 months ago
