No products in the cart.
- Latest
- Trending
Who’d want to buy Tripadvisor and parent Liberty Tripadvisor?
It turns out that in the year since Tripadvisor announced a sales process, five parties submitted non-binding preliminary bids.
One from a strategic bidder, identified as Party 7 in a financial filing, came just six days ago — one month after Tripadvisor’s announcement in December 2024 that it intends to buy parent Liberty Tripadvisor for $435 million.
It proposed to pay cash for all shares of Tripadvisor not owned by Liberty Tripadvisor for $18-$19; to buy Liberty Tripadvisor’s common stock for $0.3080 per share, and to buy LTRIP’s preferred shares for $102 million.
A Tripadvisor special committee decided it was not in its best interests to entertain the offer.
The five bids came from strategic parties and “financial sponsors,” which were not identified. At one point, Apollo was reported to be in the mix as a suitor.
Liberty Tripadvisor…
Get curated travel AI insights — choose the newsletters that matter to you.
This spot is reserved for brands with a compelling story for the travel trade. They use this space to cut...
Read moreDetailsALTOUR Expands into Thailand, Strengthening Corporate Travel Network Across Southeast Asia BANGKOK, THAILAND (25 March, 2026) – ALTOUR, a leading...
Read moreDetails
Comprehensive Summarization: Vietjet, a prominent airline in Vietnam, has recently signed multiple strategic agreements with leading U.S. corporations and financial...
Read moreDetails
