Monthly Archives: October 2014

Liberty TripAdvisor – Judging the probability of a near-term acquisition

The Liberty TripAdvisor idea was a simple one: LTRPA is trading at a discount to its underlying TRIP shares, despite the fact that LTRPA has a voting right premium that is potentially very valuable. The question is how and when value … Continue reading

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Pair trade idea – Liberty TripAdvisor vs TripAdvisor

Liberty TripAdvisor (LTRPA) was spun off from Liberty Media on 27 August 2014. The main asset is 22% of cash flow rights and 57% of voting rights in TripAdvisor (TRIP). The reason LTRPA was spun off was to seek a … Continue reading

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