That’s what Windstar Cruises was just sold for. The luxury sailing line had gone bankrupt and was just purchased at an auction. The winner was TAC Cruise LLC, an affiliate of Xanterra Holding Corporation. Andrew N. Todd, CEO of Xanterra Holding Corporation: “Windstar emerged as a tremendous long-term opportunity due to the line’s exceptional product, [...]

News from PR Newswire may suggest that. Ambassadors International, Inc., the parent company of Windstar Cruises, may be on the brink actually. Today Ambassadors sold its Travel and Events division to Lakeview Equity Partners, LLC, a Milwaukee Equity Fund. It appears to me that they are trying to liquidate some slack in the company, and [...]