American Express to buy Tripadvisor’s restaurant booking platform TheFork in $700 million deal
Corroborated by 2 sources from 2 publishers
usbusiness4h ago
TL;DR
American Express to buy Tripadvisor’s restaurant booking platform TheFork in $700 million deal American Express Co. (NYSE:AXP) shares rose 1.3% in premarket trading on Monday after the company announced an agreement to acquire TheFork from Tripadvisor Inc. (NASDAQ:TRIP) in a transaction valued at $700 million.