Billionaire John Malone's Liberty Interactive Corp said it took control of travel information site TripAdvisor Inc after it bought about 5 million shares in the company from media veteran Barry Diller. The transaction gives Liberty control of about 22 percent of TripAdvisor's common stock and 57 percent of its voting stock.
Liberty Interactive Corporation (Liberty), formerly Liberty Media Corporation, owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries. Shares of LINTA remained unchanged at $19.14. In the past year, the shares have traded as low as $15.13 and as high as $20.95. On average, 3955610 shares of LINTA exchange hands on a given day and today's volume is recorded at 0.
TripAdvisor, Inc. (TripAdvisor) is an online travel research company, enabling users to plan and have a trip. Shares of TRIP remained unchanged at $38.39. In the past year, the shares have traded as low as $23.99 and as high as $47.81. On average, 2744890 shares of TRIP exchange hands on a given day and today's volume is recorded at 0.
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