NasdaqGS:TRIPInteractive Media and Services
Tripadvisor And Starboard Agreement Puts Spotlight On Sale And TheFork Options
Tripadvisor (NasdaqGS:TRIP) has entered a cooperation agreement with activist investor Starboard Value.
The deal gives Starboard immediate and upcoming representation on Tripadvisor’s board of directors.
The board plans to review options for a potential sale of the company and for Tripadvisor’s restaurant booking unit, TheFork.
For you as an investor, this puts fresh attention on Tripadvisor’s core role as a travel reviews and booking platform and on TheFork as a separate, restaurant...