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Cruise News for the Corporate Travel Professional |
Thursday, June 04, 2009 |
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Viking River Private Equity Deal Falls Through |
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Viking River Cruises said a proposed investment deal
with Waterland Private Equity, a Dutch firm, has fallen through.
“We’ve terminated the relationship with Waterland,” said Richard
Marnell, senior vice president of marketing for Viking. “The deal
definitely took too long to close. They weren’t the right strategic
partner for us, and as the relationship continued, that became more
apparent. Viking is having a very strong year and is very excited
about the prospects of the future.” He said there was no other
potential partner or deal lined up. “There’s not a deal pending at
this time, but a strategic partner with commonly aligned goals is
always a consideration.” |
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Worldwide Travel & Cruise Assoc., Inc.
150 S. University Dr. Ste E,
Plantation, FL 33324 - USA
Tel: +1 954 452 8800 Fax: +1 954
252 3945
EMail:
sales@cruiseco.com |
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