BUZZ-Tripadvisor gains as Starboard signs cooperation agreement

Reuters03-23

** Shares of online travel company Tripadvisor TRIP.O up more than 4% at about $10 in morning trading

** Co signs cooperation agreement with activist investor Starboard Value and expands its board from eight to 10 directors

** Tripadvisor adds Dhiren Fonseca and Andrew Cates to its board, effective immediately, as part of agreement

** Starboard will recommend two additional directors for election at co's annual stockholders meeting

** Including session's moves, stock has fallen 33.1% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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