Tripadvisor’s Potential Sale: Apollo Still a Suitor and a Financing Deadline
Photo Credit: Travelers on a food tour in Reykjavik, Iceland in May 2023 that was booked through Viator. Source: Skift/Dennis Schaal Skift / Dennis Schaal
Skift Take
There will be a lot of moving pieces over the next few months if indeed a sale of Tripadvisor gets done.
More than two months after Tripadvisor formed an independent committee to mull a potential sale, there has been silence from both controlling shareholder Liberty Tripadvisor Holdings and Tripadvisor itself.
That may change soon when both companies report quarterly results on May 8.
One thing is clear about the sales process so far: Private equity firm Apollo Global Management is still a sui