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TripAdvisor ( (TRIP) ) has shared an update.
Tripadvisor, Inc. and Liberty TripAdvisor Holdings, Inc. announced they have entered into a merger agreement where Tripadvisor will acquire Liberty TripAdvisor. The transaction simplifies Tripadvisor’s capital structure, retiring a significant portion of its shares and creating strategic flexibility. The merger, valued at approximately $435 million, is expected to close in the second quarter of 2025 and will result in Tripadvisor operating without a controlling stockholder, allowing it to focus on its strategic vision and operational strategies.
More about TripAdvisor
Tripadvisor, Inc. operates as a family of brands connecting people to travel and experiences, aiming to be the world’s most trusted source for travel guidance. The company leverages its brands, technology, and capabilities to connect its global audience with partners across experiences, accommodations, restaurants, and other travel categories.
YTD Price Performance: -39.85%
Average Trading Volume: 1,980,787
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.8B
See more data about TRIP stock on TipRanks’ Stock Analysis page.
