Liberty Interactive to spin off interest in TripAdvisor

Reuters

Oct 10 (Reuters) - John Malone's Liberty Interactive Corp said it would spin off its interest in travelinformation website TripAdvisor Inc and BuySeasonsbusiness into a new publicly traded company called LibertyTripAdvisor Holdings.

The company also said it would split Liberty InteractiveCorp into two new tracking stocks. Liberty Interactive commonstock will be renamed QVC Group and the other would be namedLiberty Digital Commerce.

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