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Business(Reuters) -Activist investor Starboard Value has built an over 9% stake in online travel firm Tripadvisor, the Wall Street Journal reported on Wednesday. Shares of Tripadvisor rose over 10% in extended trade after the news. According to the report, the Jeff Smith-led investment firm has a stake valued at around $160 million based on Wednesday’s closing prices. The investment is expected to be revealed in a regulatory filing on Thursday, the repo…See the Story
Starboard Value builds over 9% stake in Tripadvisor, WSJ reports
58% Left coverage: 12 sources
Senate Republican Unveils Digital Assets Taxation Package
100% Center coverage: 2 sources
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Tiger Cub Hedge Funds Led by Lone Pine Log Strong First-Half Gains
Coverage: 2 sources