16 April 2008

YTB International in preliminary talks on another acquisition

St. Louis Business Journal:
YTB International Inc. is in the preliminary stages of negotiations to acquire a wholesale travel company to complement its existing travel programs offered to its Referring Travel Agents (RTAs), according to a regulatory filing Monday with the Securities and Exchange Commission.

The company said it would not respond to questions or provide any further updates concerning the potential purchase until a deal is reached.

YTB has acquired two companies in the past six weeks. It bought Ontario, Canada-based Sunrise Travel Service for an undisclosed price on March 5 and purchased Meridian/Silver LLC, a Florida limited liability company, for $1.3 million on Feb. 29.


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