Liberty Interactive Buys Controlling Stake in TripAdvisor

Liberty Interactive Buys Controlling Stake in TripAdvisor

By: Latest Articles from Benzinga.com

Posted on December 11, 2012 at 10:50 AM EST

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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EXPEDIA Liberty Media Holding Corporation Interactive Common Series A Macys NewStar Financial, Inc. Priceline.com, Inc. TRIPADVISOR

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