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LASTMINUTE.COM BUYS TRAVELSELECT.COM

LASTMINUTE.COM has bought flights provider
Travelselect.com for £9 million.

The all-share purchase gives Lastminute £50 million worth of
flights to sell and greatly improves relationships with major airlines. The
deal also gives Lastminute access to Eurostar sales.

Travelselect generated £3.3 million in gross profits on a
turnover of £38.2 million in the year to January 31.

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