YTB International, (OTC: YTBLA.PK)the network marketing online travel co is said to be in the preliminary stages of negotiating to acquire a wholesale travel company. We noticed some of the activity in a regulatory filing with the SEC which was filed yesterday.
The company said it would not respond to questions or provide any further updates concerning the potential purchase until a deal is reached.
This latest finding comes on the heels of two other acquisitions in the past six weeks the company has made. It bought, Ontario, Canada-based Sunrise Travel Service for an undisclosed amount of money and Meridian/Silver LLC which is a Florida Limited Liabilty Corp for $1.3M on February 29, 2008.
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[...] Street darling lately, with the stock and company doing very well. It seems that every month YTB is buying and acquiring other travel companies and expanding the size and presence of the company all over the [...]
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