Expedia to Acquire HomeAway for $3.9 Billion
05.11.2015
by Leslie Picker, the New York Times
Expedia said it had agreed to acquire HomeAway, adding vacation rentals to its wide swath of online travel booking options.
Expedia plans to pay $3.9 billion, or $38.31 a share, in cash and stock for all of HomeAway’s brands — a premium of nearly 20 percent to Wednesday’s closing stock price.
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Expedia to Acquire HomeAway for $3.9 Billion
