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Written by: RJ
American Express is set to acquire TheFork from Trip Advisors for $700 million in cash. Deal is expected to close by end of year.
TheFork connects millions of diners with more than 50,000 restaurants across 11 European countries through its restaurant management, booking and customer engagement platform, alongside a consumer-facing restaurant discovery and reservation app and website.
Founded in 2007, TheFork provides restaurants with reservation management, guest engagement and operational tools designed to help restaurants optimize their businesses while delivering a seamless discovery and booking experience for diners.
Following the closing of the potential transaction, TheFork would continue to operate under its existing leadership team while benefiting from the global reach and powerful backing of American Express.

