Travelzoo Announces Reverse/Forward Stock Split

Travelzoo

today announced that the Company intends to execute the shareholder approved reverse/forward stock split during the second or third week of November, subject to receiving an updated fairness opinion from an independent financial advisor and final approval by the Special Committee of its Board of Directors. As previously disclosed on June 11, 2013, Travelzoo had formed a Special Committee of its Board of Directors, consisting of three independent directors, to evaluate a reverse/forward stock split transaction, which has since been approved by shareholders at the Company's annual shareholder meeting. The proposed reverse/forward stock split transaction consists of a 1-for-25 reverse stock split of the Company's