Mergers & Acquisitions ·
Tripadvisor completes sale of TheFork to American Express for $700 million in cash
TRIPTripAdvisor, Inc.
Tripadvisor consummated the sale of its European online restaurant reservation and management platform, TheFork, to American Express Travel Related Services Company, Inc. on November 1, 2026. The transaction was executed pursuant to an Equity Purchase Agreement dated August 2, 2026, following the completion of mandatory employee consultation processes under French labor law and receipt of required regulatory approvals. American Express acquired the business for $700 million in an all-cash deal, subject to customary adjustments. This filing serves as Amendment No. 1 to report unaudited pro forma condensed consolidated financial information reflecting the disposition. Tripadvisor operates online travel services including hotel bookings, restaurant reservations, and flight comparisons.