AMERICAN EXPRESS CO · 2026-11-02 · Importance 65 · Surprise 60
TripAdvisor completed the sale of European restaurant reservation platform TheFork to American Express Travel Related Services Company, Inc. for $700 million in cash on November 1, 2026. The transaction includes a 12-month transition services agreement. The reported purchase price exceeds the materiality threshold for this analysis.
Key facts
The TheFork transaction includes a 12-month transition services agreement. source
American Express Travel Related Services Company, Inc. completed its $700 million all-cash acquisition of TheFork on November 1, 2026. source