Activist Starboard set to discuss plans for Tripadvisor at conference

Activist investor Starboard Value is expected to discuss its plans for travel-review company Tripadvisor (NASDAQ:TRIP) at a conference on Tuesday after taking a 9% stake earlier this year. 

Starboard, which is headed by Jeff Smith, has been engaging with Tripadvisor (NASDAQ:TRIP)_ in recent weeks, according to a Reuters report on Sunday, which cited people familiar with the matter.  Smith hasn't discussed the investment publicly, and it's not known what exactly he wants Tripadvisor to do. 

Tripadvisor couldn't be reached by Reuters for comment.

Starboard's stake in Tripavdisor (TRIP) was first disclosed in a WSJ article in July.

Starboard's Smith is set to speak at the 13D Monitor Active Passive Investment Summit in New York on Tuesday.