Web Reservations International up for sale – £275m price tag
26th of October 2009 by admin
The Sunday Times reported that Web Reservations International (WRI), owner of the Hostelworld.com and boo.com, were planning to sell for £275m after hiring investment bank Morgan Stanley to manage the process.
Potentially nice pay day for Ray Nolan, Tom Kennedy, Paddy Holohan and Paul McGuinness
Tags: hostelworld, web2ireland
4 Responses to “Web Reservations International up for sale – £275m price tag”
Ivan Frantar (ivanico) 's status on Tuesday, 27-Oct-09 08:16:52 UTC - Identi.ca
October 27th, 2009 at 9:17 am
[...] http://web2ireland.org/2009/10/26/web-reservations-international-up-for-sale-275m-price-tag/ a few seconds ago from Gwibber [...]
lazydave
October 27th, 2009 at 11:27 am
Haha. No-one will pay 275 million when they see the truly shocking booking system the company uses.
Web 2.0 Ireland » Blog Archive » Web Reservations International Acquired by Hellmann & Friedman
November 13th, 2009 at 1:48 pm
[...] Last month, we reported a €275m price tag for WRI. [...]
Boo.com Got Sold Again!
November 13th, 2009 at 5:06 pm
[...] Irish company hired investment bank Morgan Stanley to find a buyer for a – rumored – £275 million (nearly $460 [...]