Liberty TripAdvisor Holdings, Inc. Investors: Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Liberty TripAdvisor Holdings, Inc. ("Liberty TripAdvisor" or "the Company") (OTC:LTRPB) investors that the firm has initiated an investigation whether Liberty TripAdvisor investors receiving fair market value for their shares in the sale of the Company to TripAdvisor, Inc. ("TripAdvisor"). Liberty TripAdvisor investors are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
On December 18, 2024, the two companies revealed that they had entered into a final merger agreement, under which TripAdvisor will acquire Liberty TripAdvisor in a merger valued at $435 million. According to the terms of the merger agreement, the outstanding shares of Liberty TripAdvisor's Series A and Series B Common Stock, as of the merger's effective date, will be converted into the right to receive $0.2567 per share in cash (excluding interest), amounting to a total of approximately $20 million.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
[email protected]
310-692-8883
www.portnoylaw.com
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