Expedia (EXPE) announces a plan to split into two companies, spinning off TripAdvisor to become...

|By:, SA News Editor

Expedia (EXPE) announces a plan to split into two companies, spinning off TripAdvisor to become a public company. The split will take the form of a distribution of TripAdvisor stock to EXPE stockholders or a reclassification of EXPE, with shareholders receiving a proportionate amount of TripAdvisor stock. Trading halted until 4:45. (PR)