HotelPlanner.com SPAC Merger Called Off

HotelPlanner.com and the special purpose acquisition company with which it planned to merge as a method of going public have canceled the proposed merger by mutual consent, the companies announced Monday. 

HotelPlanner.com, the parent company of Meetings.com, in August 2021 announced it would go public via a merger with online travel agency Reservations.com and SPAC Astrea Acquisition Corp. Instead, the companies “have mutually agreed to terminate their previously announced business combination agreement,” they announced in a joint statement. 

A special meeting of Astrea stockholders that had been scheduled for Tuesday concerning the would-be merger has been canceled, Astrea noted in