Expedia to acquire vacation rental firm HomeAway for $3.9b in cash, stock deal

Expedia to acquire vacation rental firm HomeAway for $3.9b in cash, stock deal

Photo: expediainc.com

Expedia Inc on Wednesday said it agreed to buy vacation rental site HomeAway Inc for about $3.9 billion in cash and stock, in a move that could ramp up competition with apartment-sharing startup Airbnb.

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