While Groupon is reconsidering the timing of its IPO because of market volatility and other factors, there seemingly is no hesitation about Expedia Inc.’s hoped-for spinoff of TripAdvisor.
After a delay announced in June, it’s apparently game on for the separation of Expedia and TripAdvisor by the end of 2011.
That’s the word from Herman Leung, an Internet analyst from Susquehanna Financial Group, who recently met with the Expedia management team.
Read full story at: http://www.tnooz.com/2011/09/12/news/analyst-no-groupon-like-pause-tripadvisor-spinoff-on-track/
