An update from Despegar ( (DESP) ) is now available.
On March 4, 2025, Despegar.com held a Special Meeting of Shareholders where a significant merger proposal was approved. The merger involves Despegar being acquired by MIH Internet Holdings B.V., a subsidiary of Prosus N.V., with Despegar becoming a wholly-owned subsidiary. The merger, expected to close in the second quarter of 2025, will result in Despegar’s shares being delisted from the NYSE, impacting its public trading status and reporting obligations.
More about Despegar
Despegar.com, Corp. operates in the travel industry, primarily offering online travel booking services. The company focuses on providing a platform for customers to book flights, hotels, and travel packages, catering to the Latin American market.
YTD Price Performance: 0.63%
Average Trading Volume: 1,996,827
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.61B
Find detailed analytics on DESP stock on TipRanks’ Stock Analysis page.
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