The Scoop: July 2, 2025, 6:05:00 PM–*Activist Starboard Value Builds Over 9% Stake in Tripadvisor, Sources Say – WSJ
The story as it appeared on Dow Jones:
- July 2, 2025, 6:05:00 PM: *Activist Starboard Value Builds Over 9% Stake in Tripadvisor, Sources Say — WSJ
- 6:05:00 PM: *Starboard Stake Expected to Be Revealed in Filing Thursday, Sources Say — WSJ
- 6:05:00 PM: Starboard Value Takes More Than 9% Stake in Tripadvisor, Sources Say — WSJ
The Details: Reporter Ben Glickman was first to report that activist investor Starboard Value [SBV.XX] has built more than a 9% stake in Tripadvisor [TRIP]. According to the report, Starboard’s stake is valued at around $160 million based on Wednesday closing prices, which would make it one of the top shareholders in the company.
The Impact: Shares of Tripadvisor rose in post-trading hours after Dow Jones Newswires published headlines. The report was cited by various news outlets.
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