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May 10, 2007
Orbitz IPO Filing: Fun with Recombinations
Online travel company Orbitz has filed for an IPO. It's useful reading, but these are absurdly complex financials with difficult historical comparables. I think the company did $752m in revenues in the year ended December 31 2006, losing $144m in the process, but that is really a standalone figure given the number of acquisition and asset swaps involved in creating The Company Currently Known As Orbitz.
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