25.08.2014 22:55:32
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Liberty: When-Issued Trading For Spin-off Of Liberty TripAdvisor
(RTTNews) - Liberty Interactive Corp (LINTA, LINTB, LVNTA, LVNTB), Monday announced that, in connection with its upcoming spin-off of its subsidiary Liberty TripAdvisor Holdings Inc, 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 on August 27 to holders of Liberty Ventures common stock.
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.
The completion of the Spin-off remains subject to the satisfaction or waiver, as applicable, of a number of conditions.
Liberty Interactive, based in Englewood, Colorado, owns interests in a range of electronic retailing, media, communications, and entertainment businesses.
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