LONDON – Global law firm Reed Smith has advised Tripadvisor, Inc. (NASDAQ: TRIP), a leading online travel company, in connection with its proposed sale of TheFork, Tripadvisor’s European online dining marketplace and software platform, to American Express for $700 million in an all-cash transaction. Tripadvisor has entered into a put option agreement pursuant to which American Express irrevocably commits to acquire TheFork. Signing of the definitive agreement is targeted following completion of the required consultation process with the French Works Council. The transaction is subject to regulatory and antitrust approvals and customary closing conditions and is currently expected to be completed by the end of 2026.

Tripadvisor’s press release can be found at tripadvisor.com.

Reed Smith’s team was led by co-head of the global Emerging Technologies Group Dr. Andreas Splittgerber (Munich) and counsel Tamas Lorinczy (global corporate, London) and included Marc Fredj and Antea Bonito (global corporate, Paris), Dr. Michaela Westrup (Munich), Michelle Mantine (Pittsburgh), Emma Weeden (London), Vaibhav Adlakha (London), and Michalis Papachristodoulou (Brussels) (antitrust), and Séverine Martel (Paris), David Ashmore (London), and Raphaël Balji (Paris) (employment).

About Reed Smith

Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions, and regulatory matters.

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