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Travelzoo CEO Sells Shares
Ralph Bartel, the chairman, CEO and founder of Travelzoo(TZOO Quote), has finally cashed in on last year's surge in his company's shares.
A regulatory filing late Monday reveals that Bartel sold 685,000 shares in two separate transactions on March 11 and March 14. In one transaction, he sold 167,879 shares at $56.31; in the other, he sold 517,121 shares at $48.08.
The sales generated about $34 million in proceeds for Bartel. ...
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