Liberty TripAdvisor Announces Agreement to Repurchase Portion of Preferred Shares From Certares

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty TripAdvisor Holdings, Inc. (“Liberty TripAdvisor”) (Nasdaq: LTRPA, LTRPB) announced today that it has entered into an agreement (the “Repurchase Agreement”) with an affiliate of Certares Management LLC (“Certares”) whereby Liberty TripAdvisor expects to repurchase in a private transaction approximately 40% of the 8% Series A Cumulative Redeemable Preferred Stock of Liberty TripAdvisor (“Preferred Shares”) held by Certares.