Benzinga · Jun 15, 2026
TripAdvisor Shares Rise After $700M TheFork Divestiture Deal
TripAdvisor announces the $700 million all-cash sale of TheFork to American Express, strengthening balance sheet and capital flexibility.
AMEX · ACTV
Financial Services · Asset Management
$33.14
Down-$0.00 (-0.01%)
Updated Aug 29, 2026, 6:04 AM
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The fund will be invested in equity securities of companies listed on a U.S. exchange with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.
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Benzinga · Jun 15, 2026
TripAdvisor announces the $700 million all-cash sale of TheFork to American Express, strengthening balance sheet and capital flexibility.
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