Certares to invest $325m in Liberty TripAdvisor.

Certares, an investment management company, agreed to invest $325m in Liberty TripAdvisor, the world's largest online travel community. "We welcome Certares as a strategic investor in Liberty TripAdvisor. Certares has deep experience and a highly successful track record investing in the travel, tourism and hospitality sectors, and we will greatly benefit from Greg’s insight on our board. In addition, and importantly, this investment secures long-term financing, which is not tied to stock price movements in this volatile environment," Greg Maffei, Liberty TripAdvisor Chairman, President & CEO.