May 6, 2011

YTB Says Sayonara To Canada

YTB has sold off its Canadian operations.

The deal was announced yesterday based on a May 1, transaction.  The agreement looks complex on the surface with YTB actually paying the acquiring entity per associate and the entity paying YTB back some money per associate.

I will dig into the agreement and offer an opinion. One thing is certain, that this is yet another move away from travel for YTB as they focus more on the potions and lotions.
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