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TripAdvisor (NASDAQ:TRIP) acquires Wanderfly, which is a “travel inspiration site” that permits users to share travel recommendations on its site and through Facebook, for an unreported sum. The buyer is expected to integrate Wanderfly into its core travel reviews site.
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The cash consideration option involved in Energy Transfer Partner’s (NYSE:ETP) pending purchase of Sunoco (NYSE:SUN) was oversubscribed, according to preliminary results of the elections made by shareholders of the latter, regarding the form of merger consideration to be received as holders of almost 74 percent of the stock selected that choice.
The German government is apparently uninterested in an investment in the new company that would be formed subsequent to the potential merger of European Aeronautic (EADSY.PK) and BAE Systems (BAESY.PK). Germany’s interest in EADS is held through its proxies: Daimler with 9 percent, and a bank consortium with 4.5 percent. The government would prefer to have German board members, along with guarantees of jobs, research and development and some industrial sites.
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