Travelport (TVPT) Ties the Knot Tighter with Expedia (EXPE)
On Monday, August 1, 2016, Travelport (NYSE: TVPT) announced an expanded partnership with Expedia, Inc. (NASDAQ: EXPE) under which Expedia will extend its use of Travelport's Travel Commerce Platform in Europe. Two years ago, Travelport joined forces with Expedia in a joint venture with Majid Al Futtaim Finance, a leader in credit card and prepaid services in the United Arab Emirates (UAE), to launch the UAE’s largest online travel rewards scheme, Najm Voyager Rewards. Announcing the deal, Steve Jarvis, Vice President, Strategy & Business Development at Expedia, Inc., said: "Expedia's commitment is to be the very best place to shop…