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    Brief: Tripadvisor Enters Into Agreement To Sell Thefork To American Express For $700 Million

    Picture of TripAdvisor logoTripAdvisor
    15/06/2026 12:18
    BRIEF-Tripadvisor Enters Into Agreement To Sell Thefork To American Express For $700 Million
    June 15 (Reuters) - Tripadvisor Inc TRIP.O:
    • TRIPADVISOR ENTERS INTO AGREEMENT TO SELL THEFORK TO AMERICAN EXPRESS FOR $700 MILLION
    • TRIPADVISOR ENTERS INTO AGREEMENT TO SELL THEFORK TO AMERICAN EXPRESS FOR $700 MILLION
    • TRIPADVISOR INC: ANTICIPATES MINIMAL TAX COST FROM SALE OF THEFORK, WITH NET PROCEEDS EXPECTED TO CLOSELY APPROXIMATE GROSS PROCEEDS
    • TRIPADVISOR : POTENTIAL USES OF PROCEEDS INCLUDE SHARE REPURCHASES, DEBT PAYDOWN, OR INORGANIC INVESTMENT WITHIN EXPERIENCES CATEGORY
    Source text: ID:nPn7f1g1ga
    Further company coverage: TRIP.O

     ((Reuters.Briefs@thomsonreuters.com;))

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