TripAdvisor, Inc. (TRIP) Form 8-K — Aug 3, 2026
Tripadvisor, Inc. has executed an Equity Purchase Agreement to sell its European online restaurant reservation and management platform, TheFork, to American Express Travel Related Services Company, Inc. for $700 million in cash. This agreement follows the completion of a mandatory employee consultation process with the French Works Council and the exercise of a previously announced put option.
Key figures
- Deal Value Usd
- 700000000
- Reverse Termination Fee
- 35000000
- Working Capital Collar
- 250000
Price after filing
1 day: -1.2%7 days: -25.7%30 days: -34.8%
Close on the filing date to close N calendar days later (from $14.50). Historical, not a forecast.
AI analysis
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