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Expedia To Split, TripAdvisor Spun Off  
User currently offlineLAXintl From United States of America, joined May 2000, 22240 posts, RR: 51
Posted (2 years 2 months 1 week 9 hours ago) and read 1204 times:

As changes continue to happen in the online travel arena, Expedia Inc. has announced that it would split itself up, and spin off its consumer affairs TripAdvisor division into a full fledged indipendent company.

This is viewed by many as Expedia being unhappy with its own current valuation and feels it can unlock greater values by bringing TripAdvisor to the market directly. In 2010, TripAdvisor represented 15% of Expedia’s revenue with active global social community that grew at rate of 38%.

Expedia which reported its Q4 earnings in February disappointed the market by falling about 10% short of market estimates.


Story:
Expedia to Spin Off TripAdvisor
http://www.zacks.com/stock/news/51056/Expedia+to+Spin+Off+TripAdvisor

Expedia Puts TripAdvisor Up For Sale as Google Invades its Turf
http://www.consumeraffairs.com/news0...le-as-google-invades-its-turf.html


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