Key Points
- Tripadvisor has completed a merger of $430 million with Liberty Tripadvisor. This ends Liberty’s control stake.
- The merger simplifies Tripadvisor’s capital structure while granting it independence from its controlling shareholder.
- Tripadvisor has also changed its home state from Delaware back to Nevada after the merger.
You can read more about it here:
Tripadvisor completed a merger of $430 million with its parent company Liberty Tripadvisor Holdings. This effectively ended Liberty’s control, allowing Tripadvisor operate independently. This consolidates shares into a single category and removes any controlling shareholders. Tripadvisor’s legal residence has also been changed from Delaware to Nevada.
