Tripadvisor to Acquire Parent Liberty Tripadvisor for $435 Million and Gain Independence
Skift Take
With the deal, Tripadvisor's decisions no longer have to go through Liberty Tripadvisor Holdings. Tripadvisor gets freedom to consider other deals, and gains new flexibility.
Tripadvisor announced that it plans to acquire its parent Liberty Tripadvisor Holdings, meaning Tripadvisor would no longer have a dual-class stock structure and a controlling shareholder.
It would be the first time in Tripadvisor's history as a public company, which began in 2011, that Liberty Tripadvisor wouldn't be controlling Tripadvisor's destiny.
The deal is valued at $435 million.
In a complex series of financial moves, Tripadvisor is buying back the Tripadv
