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Orbitz Further Freed of PE's Reign With Latest Stock Sale

By Kaitlyn Kiernan (July 17, 2014, 1:16 PM EDT) -- Top shareholder private equity-backed Travelport Ltd. said on Wednesday that it will ditch as much as half its stake in Orbitz Worldwide Inc. as it prepares for an initial public offering, further freeing Orbitz from private equity influence eight years after The Blackstone Group took control of the travel booking website....

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