TRIP - TripAdvisor Attracts Apollo Global's Interest for Possible Buyout | Benzinga
Apollo Global Management Inc (NYSE:APO) is interested in potentially acquiring travel information company TripAdvisor Inc (NASDAQ:TRIP), a part of John Malone’s Liberty Media group.
This exploration is based on information from sources familiar with these early-stage deliberations, who preferred to remain anonymous due to the private nature of these talks.
While Apollo has refrained from commenting on the matter, TripAdvisor has yet to respond to inquiries regarding the potential bid, Bloomberg reports.
TripAdvisor has engaged advisers following the receipt of takeover interest, indicating a proactive approach to exploring ...