Tripadvisor agrees to sell TheFork to American Express for $700 million

TripAdvisor, Inc.

TripAdvisor, Inc.

TRIP

0.00
  • TripAdvisor agreed to sell TheFork to American Express for USD 700 million in an all-cash deal.
  • Transaction follows a February 2026 strategic review of TheFork, sharpening focus on the Experiences business.
  • Closing targeted before end-2026, subject to labor consultation, regulatory approvals, and other customary conditions.
  • TripAdvisor expects minimal tax leakage, with net proceeds close to gross; capital return flexibility cited.
  • TheFork generated USD 232 million revenue, USD 28 million adjusted EBITDA over the last 12 months as of Q1 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TripAdvisor Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606150700PR_NEWS_USPR_____NE83303) on June 15, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.