lastminute.com
From Wikipedia, the free encyclopedia
lastminute.com is an online travel agency and e-tailer founded by Martha Lane Fox and Brent Hoberman in 1998 that became an icon of the UK internet boom of the late 1990s, floating at the peak of the dot com bubble. Many young employees lost a lot of money on the share price slump (see graph).
The company's headquarters are at 39 Victoria Street, London, and it was publicly traded on the London Stock Exchange under the symbol LMC until its purchase by Travelocity.
More recently, Sabre Holdings, which owns Travelocity, was acquired by Texas Pacific Group and Silver Lake Partners, two private equity firms. Since March 30, 2007, Sabre Holdings has officially come under private ownership, thus ending lastminute.com's life as part of a publicly traded company.
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