Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

InsideArbitrage Potential Deal Alert: Tripadvisor (TRIP) Forms Special Committee to Explore Sale

  • March 6, 2024


StockTripadvisor, Inc.SymbolTRIP
Date Announced02/12/2024Source Press Release
TypeCompany Seeking Strategic Alternatives

Tripadvisor (TRIP) said its board of directors formed a special committee to evaluate any proposals that may be brought forward for a potential transaction.

The special committee’s evaluation will encompass the recent disclosure by Liberty TripAdvisor Holdings of its intention to explore potential alternatives involving both itself and Tripadvisor. Discussions between Tripadvisor (TRIP) and Liberty TripAdvisor are already underway.

Tripadvisor Investor Relations


March 6, 2024: According to Bloomberg, Apollo Global Management (APO) has expressed interest in exploring a bid for travel information service TripAdvisor (TRIP).

May 8, 2024: Tripadvisor (TRIP) announced that the Special Committee has determined that at this time, there is no transaction with a third party that is in the best interests of the company and its stockholders. The Special Committee will continue to evaluate proposed alternatives as appropriate though there can be no assurance that any transaction will result.


Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.