Giant Online Travel Agency (Expedia) Plans Division
Submitted by Amarinder Sekhon on Fri, 04/08/2011 - 13:26
Expedia’s Chairman, Barry Diller, a media billionaire, has joined a host of companies that have planned to split and spin off units this year. According to reports, their plans to split into two publicly traded companies through the proposed spin-off of its TripAdvisor business, could help unlock value for the high-growth TripAdvisor travel site business as the company focuses on investing in products that will enhance its competitive positioning.
