Liberty Announces When-Issued Trading for Spin-off of Liberty TripAdvisor Holdings
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Interactive Corporation (“Liberty”) (Nasdaq: LINTA, LINTB, LVNTA, LVNTB), announced today that, in connection with its upcoming spin-off (the “Spin-off”) of its subsidiary Liberty TripAdvisor Holdings, Inc. (“TripAdvisor Holdings”), it has been advised by Nasdaq that shares of TripAdvisor Holdings Series A and Series B common stock will trade on a when-issued basis on the Nasdaq Global Select Market under the symbols “LTPAV” and “LTPBV”, respectively, on August 27, 2014. The Spin-off will be effected through the distribution, by means of a dividend, of TripAdvisor Holdings common stock at 5:00 p.m., New York City time, on August 27, 2014 to holders of Liberty Ventures common stock. The record date for the dividend was 5:00 p.m., New York City time, on August 21, 2014. Liberty expects that the TripAdvisor Holdings Series A and Series B common stock will begin trading in the regular way on the Nasdaq Global Select Market under the symbols “LTRPA” and “LTRPB” beginning on August 28, 2014. The completion of the Spin-off remains subject to the satisfaction or waiver, as applicable, of a number of conditions.
About Liberty Interactive Corporation
Liberty Interactive Corporation owns interests in a broad range of electronic retailing, media, communications, and entertainment businesses.
Liberty Interactive Corporation
Courtnee Ulrich, 720-875-5420
Source: Liberty Interactive Corporation
Released August 25, 2014