{
  "ticker": "LTRPA",
  "company": "Liberty TripAdvisor Holdings, Inc.",
  "cik": "0001606745",
  "exchange": "NASDAQ",
  "gics_sector": null,
  "industry": null,
  "logo_url": null,
  "from_state": "DE",
  "to_state": "MERGED",
  "effective_date_iso": "2025-04-29",
  "actual_effective_date_iso": "2025-04-29",
  "proposed_effective_date_iso": null,
  "source_confidence": "VERIFIED_VOTE",
  "is_legal_precedent": 1,
  "vote_mechanism": null,
  "approval_basis": "M&A merger vote (DGCL \u00a7251(c)) \u2014 bundled with subsidiary TRIP Nevada reincorporation",
  "threshold_result": null,
  "event_type": null,
  "two_attempt_flag": 0,
  "prior_failed_vote_flag": 0,
  "governance_concession_redo_flag": 0,
  "subsequent_event_flag": 0,
  "subsequent_event_type": null,
  "subsequent_event_date_iso": null,
  "subsequent_event_note": null,
  "public_tier": "LEGAL_CONTEXT",
  "event_study_announcement_json": null,
  "announcement_date_iso": "2024-12-18",
  "meeting_date_iso": null,
  "vote_result": "MERGED",
  "status_label": "MERGED-INTO-TRIP",
  "market_cap_usdmm": null,
  "bucket_class": "Y",
  "public_bucket_code": "Y",
  "public_bucket_label": "Comparator (DE-outbound to non-TX/NV)",
  "public_bucket_subcode": null,
  "panel_eligibility": "REFERENCE_LEGAL_PRECEDENT",
  "transaction_status": "MERGED_INTO_TRIP",
  "audit_status": "VERIFIED_PRECEDENT",
  "audit_notes": "Co-respondent in Maffei v. Palkon (Del. Ch. 2024). Liberty TripAdvisor's proposed merger and reincorporation with Tripadvisor was enjoined by the Court of Chancery, establishing the seminal pre-SB29 precedent on board discretion in DExit transactions. Added v3.4 per reviewer R3. | Phase 3I 2026-04-27: added to dashboard_cohort_flag=1 (reviewer note: legal-setting benchmark / Maffei v. Palkon precedent). | Phase 3L 2026-04-27: Liberty TripAdvisor's reincorporation merger was enjoined by Del. Ch. (Maffei v. Palkon). The proposal never proceeded to vote. status set to PRECEDENT_ENJOINED, vote_result=ENJOINED so dashboard reflects legal-precedent role rather than active proposal. | [2026-04-28] Phase 4J reviewer-converged correction: LTRPA merger with TRIP CLOSED 2025-04-29 (per JD Supra; Chancery DECLINED to issue final injunction). Replacing PRECEDENT_ENJOINED label with MERGED_INTO_TRIP. From->To corrected DE->merged. Stays as Palkon co-respondent legal-precedent reference; not standalone DExit. | [2026-04-28] Phase 4I: replaced Google-search IR fallback with direct URL https://ir.tripadvisor.com/\n[2026-04-28] phase5g: SET_FIELD announcement_date_iso: 'None' -> '2024-12-18' (reviewer: Merger agreement Tripadvisor + Liberty TripAdvisor signed Dec 18, 2024. Primary source: LTRPA DEFA14A filed 2024-12-19, accession 0001104659-24-129970, https://www.sec.gov/Archives/edgar/data/1606745/000110465924129970/tm2431419d7_defa14a.htm Companion TRIP 8-K (same merger): https://www.sec.gov/Archives/edgar/data/1526520/000110465924129977/tm2431470d1_8k.htm NOTE: this row may be better resolved as SET_FIELD=dashboard_cohort_flag=0 because LTRPA was merged into TRIP on 2025-04-29, not a true state-of-incorporation event.)\n[2026-04-29] phase5g: SET_FIELD announcement_date_iso: '2024-12-18' -> '2024-12-18' (reviewer: Merger agreement Tripadvisor + Liberty TripAdvisor signed Dec 18, 2024. Primary source: LTRPA DEFA14A filed 2024-12-19, accession 0001104659-24-129970, https://www.sec.gov/Archives/edgar/data/1606745/000110465924129970/tm2431419d7_defa14a.htm Companion TRIP 8-K (same merger): https://www.sec.gov/Archives/edgar/data/1526520/000110465924129977/tm2431470d1_8k.htm NOTE: this row may be better resolved as SET_FIELD=dashboard_cohort_flag=0 because LTRPA was merged into TRIP on 2025-04-29, not a true state-of-incorporation event.)\n[2026-04-29] phase5g: SET_FIELD announcement_date_iso: '2024-12-18' -> '2024-12-18' (reviewer: https://www.sec.gov/Archives/edgar/data/1606745/000110465924129970/tm2431419d7_defa14a.htm)\n[2026-04-29] phase5g: SET_FIELD announcement_date_iso: '2024-12-18' -> '2024-12-18' (reviewer: https://www.sec.gov/Archives/edgar/data/1606745/000110465924129970/tm2431419d7_defa14a.htm)\n[2026-04-29] phase5r: bucket 'Z' -> 'Y' (LTRPA merged into TRIP 2025-04-29; not a standalone reincorporation)\n[2026-04-29] phase5w: comprehensive validation by external reviewer across tranches v3 (4-version full residual walk, 269 substantive answers across 52 firms, 0 bucket drifts vs v3.58)\n[2026-04-29] phase5x: Decision #1 per Shane 2026-04-29 -- Y-bucket firms (DE->non-TX/NV) remain in dashboard cohort (flag=1) as revealed-preference comparators; the 'why others left DE' question matters even if destination isn't TX or NV\n[2026-04-29] phase5z: LTRPA is a legal-precedent / reference comparator (DE merged into TRIP via 2025-04-29 merger close); not a standalone reincorporation. Page should display 'This row is a legal-precedent / reference comparator: LTRPA merged into Tripadvisor rather than completing a standalone reincorporation' rather than 'Destination is merged, an unusual jurisdiction' | [2026-04-29] v3.75: VERIFIED \u2014 LTRPA was merged into TRIP April 29, 2025. Special meeting April 24, 2025; merger + TRIP Nevada conversion both effective April 29, 2025. LTRPA shareholders received $0.2567/share cash (~$20M total). Bucket Y (legal-context comparator). Per Cooley March 2024: VC Laster denied prelim injunction but allowed stockholder fiduciary-duty damages claims to survive. Item 5.07 vote tally pincite pending. | v3.84-rev2 CLARIFICATION (per hostile reviewer): LTRPA's announcement_date_iso 2024-12-18 is the LTRP\u2192TRIP merger-agreement signing date (per Capital IQ deal IQTR1914916964 + 8-K Item 1.01). LTRPA was a TARGET firm in an M&A acquisition, not a reincorporator. LTRPA is RETAINED in the Tracker as a comparator/legal-context observation (Y bucket, MERGED-INTO-TRIP), but is excluded from the announcement-day reincorporation event-study cohort. The reincorporation event that matters is TripAdvisor's DE\u2192NV redomestication, originally announced in TRIP's DEF 14A filed 2023-04-26 and effective 2025-04-29 (concurrent with the merger close). That observation is captured under TRIP, not LTRPA. | v3.84-rev4 [CLARIFICATION]: LTRPA's 2024-12-18 date is the LTRPA->TRIP merger agreement signing, not a standalone reincorporation announcement. Bucketed Y / MERGED-INTO-TRIP. Already correctly classified; this note clarifies the date provenance for reviewers per Grok+Harper+Benjamin+Lucas v3.84-rev1g audit. | v3.84-rev5 [2026-04-30] cell-audit reconciliation verified: Merger agreement signing date (NOT reincorporation) \u2014 bucketed Y/MERGED-INTO-TRIP comparator only (source_type=DEFM14A, quality=LOW). | v3.84-rev5c [2026-04-30]: standardized to_state='merged'->'MERGED'; documented market_cap_usdmm absence (delisted on merger).",
  "edgar_accession": null,
  "edgar_accession_note": null,
  "links": [
    {
      "label": "IR",
      "url": "https://ir.tripadvisor.com/",
      "link_type": "ir"
    },
    {
      "label": "EDGAR",
      "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001606745&type=&dateb=&owner=include&count=40",
      "link_type": "search"
    },
    {
      "label": "Proxy",
      "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001606745&type=DEF+14A&dateb=&owner=include&count=40",
      "link_type": "search"
    }
  ],
  "car": {
    "status": "NOT_APPLICABLE"
  },
  "votes_for": null,
  "votes_against": null,
  "votes_abstain": null,
  "votes_broker_nonvote": null,
  "approval_pct": null,
  "votes_for_disinterested": null,
  "votes_against_disinterested": null,
  "votes_abstain_disinterested": null,
  "votes_broker_nonvote_disinterested": null,
  "approval_pct_disinterested": null,
  "approval_basis_disinterested": null,
  "announcement_PRE_14A_accession": null,
  "announcement_PRE_14A_url": null,
  "vote_source_8k_accession": null,
  "vote_source_8k_url": null,
  "vote_proposal_title": null,
  "meeting_type": null,
  "approval_standard": "DGCL \u00a7251(c) merger of Liberty TripAdvisor Holdings into Tripadvisor \u2014 typically requires majority of outstanding voting power (Series A LTRPA + Series B LTRPB voting together)",
  "companion_proposal": null,
  "proxy_advisors": null,
  "management_response": null,
  "press_coverage": [],
  "prior_vote": null,
  "panel_a_tx_incumbent": 0,
  "panel_b_dexit_mover": 0,
  "texas_statutory_adoptions": {
    "tboc_21_552": {
      "name": "SB 29 \u2014 TBOC \u00a721.552 derivative threshold",
      "adopted": null,
      "source": null,
      "url": null,
      "date": null
    },
    "tboc_21_373": {
      "name": "SB 1057 \u2014 TBOC \u00a721.373 shareholder-proposal threshold",
      "adopted": null,
      "source": null,
      "url": null,
      "date": null
    }
  },
  "announcement_source_type": "DEFM14A",
  "announcement_accession_verified": "N",
  "date_quality_flag": "LOW",
  "to_state_note": "MERGED-INTO-TRIP: Liberty TripAdvisor merged into Tripadvisor; not a standalone reincorporation. Bucketed Y comparator.",
  "market_cap_usdmm_note": "Pre-merger market cap not retained; LTRPA delisted on merger close 2025-04-29.",
  "_evidence_strength": {
    "badge": "BRONZE",
    "score": 45,
    "max": 100,
    "components": {
      "source_confidence": 25,
      "vote_totals": 0,
      "effective_date": 20,
      "car_estimate": 0,
      "edgar_accession": 0
    }
  },
  "_context_callout": "This row is a legal-precedent / reference comparator: Liberty TripAdvisor Holdings, Inc. merged into another public company rather than completing a standalone reincorporation. Retained for legal-precedent context (e.g., Maffei v. Palkon) but treated as an excluded-from-completed-counts comparator in empirical panels.",
  "_generated_at": "2026-04-30"
}