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“There will be neither a stampede nor a trickle,” a governance expert says. “There will always be frustrated and delighted customers in Delaware."
The devil companies know is better than the devil they don’t.
In theory, Tripadvisor going private might give the reviews site the space to regain its balance outside the glare of quarterly reports.
TripAdvisor aimed to relocate its incorporation to Nevada, backed by two-thirds of shareholders. However, the plan was blocked when two minority shareholders sued the company in Delaware.
The travel recommendation engine company could go private.