Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Starboard Value presents a strong activist case to unlock value at Tripadvisor (TRIP) by divesting European dining app TheFork, scaling Viator's EBITDA margins to 25-30%, and rationalizing costs at Brand Tripadvisor, potentially driving TRIP's valuation to a pro forma 2.5x EBITDA.
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Starboard Value presents a strong activist case to unlock value at Tripadvisor (TRIP) by divesting European dining app TheFork, scaling Viator's EBITDA margins to 25-30%, and rationalizing costs at Brand Tripadvisor, potentially driving TRIP's valuation to a pro forma 2.5x EBITDA.
