Despegar Shareholders Approve $1.7 Billion Acquisition by Prosus, Closing Anticipated in Q2 2025
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Despegar.com Corp. has secured shareholder approval for its acquisition by Prosus, valued at $1.7 billion, with a purchase price of $19.50 per share. The merger will see a subsidiary of Prosus merge with Despegar, which will remain the surviving entity. The transaction is expected to close in Q2 2025, subject to regulatory approvals and customary conditions.
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