Directravel acquired Travel Management Corp. of San Jose, Calif., effective Dec. 31. "Everyone will remain at TMC in their current positions and business will be as usual," TMC posted to its website following an unconfirmed report of the deal in The Beat. "We are their third acquisition with more to follow."
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Sabre Corp. has acquired Genares, a supplier of central reservation systems, revenue management and marketing tools to hotels,... read more »