Astrea Acquisition Corp., HotelPlanner and Reservations.com Mutually Agree to Terminate Business Combination Agreement
14 Febrero 2022 - 8:38AM
Business Wire
Astrea Acquisition Corp. (NASDAQ: ASAXU), a publicly traded
special purpose acquisition company, HotelPlanner, a leading travel
technology platform, and Reservations.com, a premier online travel
agency, announced today that the companies have mutually agreed to
terminate their previously announced business combination
agreement. The termination is effective immediately. All three
companies believe that terminating the business combination is the
best path forward for all parties.
About HotelPlanner
HotelPlanner is a leading travel technology company that
combines proprietary artificial intelligence capabilities with a
24/7 global gig-based reservations and customer service network.
HotelPlanner travel agents can customize all traveler hotel &
accommodation needs from a single platform while providing
localized advice. HotelPlanner is one of the leading providers of
individual, group and corporate travel bookings, specializing in
unique “Closed User Group” discounted rates offered in unpublished
private sale environments. Founded in 2004, HotelPlanner has
enduring partnerships with many of the world’s largest OTAs,
well-known hotel chains, individual hotels, online wedding
providers, ancillary lodging providers, corporations, professional
and amateur sports teams and franchises, universities and
government agencies.
For more information, please visit www.hotelplanner.com.
About Reservations.com
Reservations.com is an award-winning online travel company on a
mission to bring the human touch back to travel. Founded in 2014
with a focus on helping consumers create memorable travel
experiences, Reservations.com has experienced rapid growth.
Reservations.com's user friendly website offers unparalleled
visibility into hotels, including: descriptions, pricing
information, and reviews of nearly 500,000 properties globally. The
company is on a journey to enable customers to not only reserve
hotels, but to create memories.
For more information, please visit www.reservations.com.
About Astrea Acquisition Corp.
Astrea Acquisition Corp. (NASDAQ: ASAXU, ASAX and ASAXW) is a
blank check company organized for the purpose of effecting a
merger, capital stock exchange, asset acquisition or other similar
business combination with one or more businesses or entities.
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version on businesswire.com: https://www.businesswire.com/news/home/20220214005536/en/
Investors For HotelPlanner:
ICR – investors@hotelplanner.com For Astrea Acquisition Corp.:
info@astreaacquisitioncorp.com
Media For HotelPlanner: ICR
– media@hotelplanner.com For Astrea Acquisition Corp.:
info@astreaacquisitioncorp.com
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