Tripadvisor sells TheFork to American Express for $700M cash; expects close by end of 2026

TripAdvisor, Inc.

Transaction valued at $700M in cash, subject to customary adjustments; buyer to pay from cash on hand.
Sale includes TheFork online restaurant reservation and management platform in Europe.
Closing expected by end of 2026, subject to antitrust clearances in European jurisdictions.
Reverse termination fee of $35M payable to Tripadvisor if deal fails due to regulatory hurdles.
Exclusivity undertaking until closing; no solicitation of alternative proposals.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.