By: Benzinga
Liberty Interactive Buys Controlling Stake in TripAdvisor
Shares of TripAdvisor (NASDAQ: TRIP ) rallied strongly higher on Tuesday after it was announced that Liberty Interactive (NASDAQ: LINTA ) had purchased a controlling stake in the company. Shares were up about nine percent early Tuesday, trading near $41.90. Liberty Interactive acquired 4.8 million shares of TripAdvisor at
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