Tripadvisor stock jumps on special committee to explore sale

Tripadvisor stock jumps on special committee to explore sale

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Shares of Tripadvisor (TRIP) are jumping as the company is forming a special committee to evaluate potential offers to buy the company. This comes as Liberty Tripadvisor (LTRPA), which already owns over 21% of Tripadvisor shares, showed interest in buying out the company.

Yahoo Finance Anchors Josh Lipton and Julie Hyman break down all the details.

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Editor's note: This article was written by Nicholas Jacobino