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An announcement from Liberty TripAdvisor Holdings ( (LTRPA) ) is now available.
Liberty TripAdvisor Holdings has entered into a merger agreement with Tripadvisor, which will see Tripadvisor acquire Liberty TripAdvisor, simplifying its capital structure and enhancing strategic flexibility. This transaction, valued at approximately $435 million, is expected to benefit stakeholders by addressing challenges in Liberty TripAdvisor’s capital structure and allowing Tripadvisor to better focus on strategic goals, particularly in the travel experiences sector.
More about Liberty TripAdvisor Holdings
Liberty TripAdvisor Holdings, Inc. operates as a holding company with significant interests in Tripadvisor, Inc., a leading travel media and services company. Tripadvisor connects users with travel experiences, accommodations, restaurants, and more through its portfolio of travel media brands, including Tripadvisor, Viator, and TheFork.
YTD Price Performance: -56.00%
Average Trading Volume: 129,949
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $42.81M
Find detailed analytics on LTRPA stock on TipRanks’ Stock Analysis page.
