Ctrip.com International, Ltd. acquires majority stake in Seagull Holiday Inc.


Faegre Baker Daniels has advised Seagull Holiday Inc., a leading Chinese travel agency for the Western United States, based in Los Angeles, in the sale of its majority shares to Ctrip.com International, Ltd.

Ctrip is China’s biggest and the world’s second-largest travel service provider. Through its acquisition of Seagull, L&L Travel Enterprise (another leading Chinese travel agency for the Eastern United States, based in New York) and ToursforFun (an online travel booking platform in North America), Ctrip controls half of the market share of travel packages sold to Chinese tourists headed to the United States.

FaegreBD has advised with a team including Wendy Yan (Picture), Jon Nygren and Kathy Noecker, Gregory N. Dale, Marquita J. Davis, Cynthia Y. Lee, James D. Leonard, Kenneth S. Levinson, Marlene Li, Maureen M. Maly, Marla Manning, Cloris Mao, Bonita D. Moore, Andrew B. Murphy, Kristin Jones Pierre, Lisa R. Pugh, Samuel A. Rosenbaum, Jason W. Sapsin, George A. Stohner, Richard Wegener, Tracy L. Whitman, Peter J. Withoff, Ryan R. Woessner and Lucy Zhang.

Involved fees earner: Wendy Yan – Faegre Baker Daniels; Marquita Davis – Faegre Baker Daniels; James Leonard – Faegre Baker Daniels; Marlene Li – Faegre Baker Daniels; Cloris Mao – Faegre Baker Daniels; Jonathan Nygren – Faegre Baker Daniels; Samuel Rosenbaum – Faegre Baker Daniels; Ryan Woessner – Faegre Baker Daniels; Lucy Zhang – Faegre Baker Daniels; Gregory Dale – Faegre Baker Daniels; Cynthia Lee – Faegre Baker Daniels; Maureen Maly – Faegre Baker Daniels; Bonita Moore – Faegre Baker Daniels; Andrew Murphy – Faegre Baker Daniels; Kathlyn Noecker – Faegre Baker Daniels; Kristin Jones Pierre – Faegre Baker Daniels; George Stohner – Faegre Baker Daniels; Kenneth Levinson – Faegre Baker Daniels; Lisa Pugh – Faegre Baker Daniels; Peter Withoff – Faegre Baker Daniels; Marla Manning – Faegre Baker Daniels; Richard Wegener – Faegre Baker Daniels; Jason Sapsin – Faegre Baker Daniels;

Law Firms: Faegre Baker Daniels;

Clients: Seagull Holiday Inc.;

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Author: Michael Patrini