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Apollo has shown interest in bidding for TripAdvisor, Bloomberg says

Private equity firm Apollo Global Management (APO) is exploring a bid for travel information service TripAdvisor (TRIP), people familiar with the matter told Bloomberg’s Ryan Gould. TripAdvisor, which is part of the Liberty Media conglomerate of companies, has been working with advisers after receiving takeover interest, the sources said. Shares of Tripadvisor are up about 3% to $27.31 following Bloomberg’s report.

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