Remove companies tripadvisor-inc
article thumbnail

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. TripAdvisor has engaged advisers following the receipt of takeover interest, indicating a proactive approach to exploring.

59
article thumbnail

Cleary Gottlieb Discusses Delaware Decision on Conversion of Company into Nevada Corporation

Reynolds Holding

On February 20, the Delaware Court of Chancery refused to enjoin the conversion of a Delaware corporation, TripAdvisor, Inc. Maffei , stockholders of TripAdvisor challenged the proposed conversion by TripAdvisor and its parent company (“Holdings”) into Nevada corporations. of such holders at TripAdvisor, and 30.4%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sullivan & Cromwell Discusses Delaware Supreme Court Ruling on MFW’s Application to Controller Transactions

Reynolds Holding

On April 4, 2024, in In re Match Group, Inc. Match concerned the reverse spinoff of Match Group, Inc. In the important 2014 case of Kahn v. M & F Worldwide Corp. , Derivative Litigation , the Delaware Supreme Court held that it does. and other online dating businesses by its controlling stockholder, IAC/InterActiveCorp. (“IAC”).

45
article thumbnail

Chancery Decision Heightens Litigation Risk Associated with Reincorporation from Delaware

Harvard Corporate Governance

Maffei (“ TripAdvisor ”) (Feb. 20, 2024), the Delaware Court of Chancery held that the reincorporation of TripAdvisor, Inc. (a a controlled company) from Delaware to Nevada is subject to the entire fairness standard of judicial review. In Palkon v.

133
133