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Tripadvisor and Starboard Value Enter into Cooperation Agreement
Last tripadvisor, inc. earnings: 2/12 04:02 pm
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US:NASDAQ Investor Relations: ir.tripadvisor.com/investor-relations
Two Independent Directors Appointed to the Board ImmediatelyTwo Additional Directors to Join the Board at the 2026 Annual MeetingNEEDHAM, Mass., March 23, 2026 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) today announced that it has entered into a cooperation agreement with Starboard Value LP ("Starboard") under which four new directors will be joining Tripadvisor's Board of Directors (the "Board") to support the Company's value creation efforts.Pursuant to the cooperation agreement, Dhiren Fonseca and Andrew F. Cates have been appointed to the Board, effective immediately. Starboard will recommend two additional directors for election at Tripadvisor's 2026 Annual Meeting of Stockholders.Greg Maffei, Chairman of Tripadvisor, said, "We are pleased to have reached a constructive resolution with Starboard and to welcome Dhiren and Andy to the Board. Their perspectives and experience will be valuable as we continue executing our strategy. We are grateful for Starboard's engagement thr
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NEWS
- TripAdvisor Receives Bank of America Upgrade to Buy [Yahoo! Finance][Yahoo! Finance]
- TripAdvisor (TRIP) was upgraded by Bank of America Corporation from "neutral" to "buy". They now have a $15.00 price target on the stock.[MarketBeat]
- Wanderlab at Tripadvisor and Choice Hotels International Launch Ultimate Route 66 Road Trip Guide Ahead of Historic 100-Year Celebration[PR Newswire]
- TripAdvisor (NASDAQ:TRIP) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.[MarketBeat]
- TripAdvisor (NASDAQ:TRIP) had its price target lowered by analysts at B. Riley Financial, Inc. from $18.00 to $13.00. They now have a "neutral" rating on the stock.[MarketBeat]
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TRIP
SEC Filings
SEC Filings
- 3/27/26 - Form 4
- 3/27/26 - Form 3
- 3/27/26 - Form SCHEDULE
- TRIP's page on the SEC website
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