Skift Take
Tripadvisor apparently got an offer it was easy to refuse.
Tripadvisor stated this morning that a merger is not in the works for now.
"The Special Committee has determined that at this time, there is no transaction with a third party that is in the best interests of the Company and its stockholders," the company said as part of its first quarter earnings announcement. "The Special Committee will continue to evaluate proposed alternatives as appropriate. There can be no assurance that any transaction will result, and the Company does not expect to provide further updates unless it has something definitive to share."
However,