Thursday, November 05, 2015

Expedia to Acquire HomeAway for $3.9 Billion - The New York Times

travelsitemonopoly.com? Also see Expedia to acquire HomeAway for $3.9B in cash and stock, challenging Airbnb (GeekWire)
"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.

Expedia, born almost 20 years ago within Microsoft, has amassed a nearly $18 billion market valuation from buying other travel-booking brands. In September, Expedia closed its acquisition of a fellow travel site, Orbitz Worldwide, for $1.6 billion including debt. Also this year, Expedia purchased Travelocity from Sabre Corporation for $280 million in cash. Other brands under the Expedia umbrella include Hotels.com, Hotwire.com and Trivago."
Expedia to Acquire HomeAway for $3.9 Billion - The New York Times
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