So what is flights comparison website Cheapflights going to do? Partial or total flotation? Flog itself to the highest bidder? Hugo Burge, vice chairman and head of international, is keeping schtum for the timebeing. Some speculative hacks have given the private company a potential valuation of £300 million. It is certainly profitable and heading for £25 million in sales for 2007, with a successful US business under its belt and European expansion plans to boot. So why does Hugo want out? Read all about it in my New Media Age profile of this gentleman entrepreneur.
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