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Stock impact report

LTRPA, LTRPB Investors Have the Opportunity to Join Investigation of Liberty TripAdvisor Holdings, Inc. with the Schall Law Firm

LIBERTY TRIPADVISOR HL A (LTRPA) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Liberty TripAdvisor Holdings, Inc. (“Liberty TripAdvisor” or “the Company”) (OTCMKTS: LTRPA, LTRPB) for potential breaches of fiduciary duty on the part of its directors and management.The investigation focuses on determining if the Liberty TripAdvisor board breached its fiduciary duties to shareholders. The Company announced on December 19, 2024, that Tripadvisor “will acquire Liberty TripAdvisor.” The announcement continues, “In connection with the Merger, (i) the shares of Liberty TripAdvisor Series A Common Stock and Series B Common Stock issued and outstanding immediately prior to the effective time of the Merger will be converted into the right to receive $0.2567 per share in cash (without interest), totaling approximately $20 million in the aggregate.”If you are a shareholder, click here to participate.We also Show less Read more
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