Tripadvisor Agrees To Acquire Liberty TripAdvisor; Aggregate Transaction Value Is Approximately $435M
Tripadvisor Agrees To Acquire Liberty TripAdvisor; Aggregate Transaction Value Is Approximately $435M
The transaction will result in the simplification of Tripadvisor's capital structure into a single class of shares with no controlling stockholder, thereby creating more strategic flexibility for Tripadvisor.Upon consummation of the Merger, Tripadvisor plans to retire approximately 27 million shares of Tripadvisor common stock currently held by Liberty TripAdvisor, net of approximately 2.4 million shares underlying the VPF.
在合并完成后，猫途鹰计划退还目前由Liberty TripAdvisor持有的约2700万股猫途鹰普通股，净额为约240万股的VPF所对应的普通股。
Accordingly, Tripadvisor views this transaction as effectively a repurchase of the Tripadvisor common stock held by Liberty TripAdvisor.
因此，猫途鹰将此次交易视为对Liberty TripAdvisor持有的猫途鹰普通股进行有效的回购。
The implied share price for the acquisition of such shares of Tripadvisor common stock from Liberty Tripadvisor is $16.21 (which reflects a premium of approximately 16% based on the 10-day volume-weighted average share price as of December 17, 2024).
从Liberty Tripadvisor处收购这些猫途鹰普通股的隐含股票价格为16.21美元（该价格反映出截至2024年12月17日的10天成交量加权平均股价的约16%的溢价）。
The transaction will result in the simplification of Tripadvisor's capital structure into a single class of shares with no controlling stockholder, thereby creating more strategic flexibility for Tripadvisor.
此次交易将使猫途鹰的资本结构简化为单一类别的股票，没有控股股东，从而为猫途鹰创造更多战略灵活性。
