Travelport Receives $500 Million in Fresh Financing From Private Equity

Travelport CEO Greg Webb. The company said Friday it had received commitments for $500 million in financing from its private equity owners Siris Capital and Evergreen Coast Capital. Travelport Skift Take: The cash injection will give the travel technology firm Travelport some breathing room as it fights payments tech firm Wex over a transaction dispute. … [Read more…]

D-Day anniversary events canceled

The coronavirus pandemic has canceled events around the world. One of those is the D-Day anniversary, a solemn occasion that marks the landing of Allied troops on the beaches of Normandy on June 6, 1944. It’s the 76th anniversary of the 1944 landings, but for the first time there won’t be any veterans on the … [Read more…]