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
