Following its acceptance of the shares tendered in the exchange offer, prior to the open of the financial markets on December 15, 2015, Expedia caused the previously agreed merger of its … Expedia, Inc is set to acquire Austin-based vacation rental site, HomeAway Inc. and its brands. Traditionally, HomeAway generated revenue by charging property owners to list their rentals. They continue to grow their numbers to attract listings from as many vacation rentals as possible. Neither Expedia nor HomeAway undertakes any obligation to update the forward-looking statements to reflect subsequent events or circumstances, except as required by law. They do this by making it easy work for rental owners and managers to rent out their properties. HOMEAWAY STOCKHOLDERS ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF HOMEAWAY SECURITIES SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING EXCHANGING THEIR SECURITIES. Expedia, born almost 20 years ago within Microsoft, has amassed a nearly $18 billion market valuation from buying other travel-booking brands. Read full article. About Homeaway, Inc.HomeAway, Inc. based in Austin, Texas, is the world leader in vacation rentals, with sites representing over one million paid listings of vacation rental homes in 190 countries. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on the results of operations and financial condition of the combined companies or the price of Expedia or HomeAway stock. Expedia Acquires HomeAway: Statement From Industry Partner Statement from Rob Stephens, Co-Founder and General Manager of Avalara MyLodgeTax Expedia’s announcement Nov. 4 that it intends to purchase HomeAway for $3.9 billion in cash and stock illustrates that the travel industry is changing. HomeAway Inc. shares soared 25 percent after Expedia Inc. agreed to acquire the vacation-rental company for $3.9 billion, and investors speculated the … Expedia said it had agreed to acquire HomeAway, adding vacation rentals to its wide swath of online travel booking options. The HomeAway portfolio includes the leading vacation rental websites HomeAway.com, VRBO.com and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and Toprural.es in Spain; AlugueTemporada.com.br in Brazil; HomeAway.com.au and Stayz.com.au in Australia; Bookabach.co.nz in New Zealand, and Asia Pacific short-term rental site, travelmob.com. The Boards of Directors of both companies unanimously approved the transaction, which remains subject to customary closing conditions, including regulatory approvals and the tender of a majority of the outstanding shares of HomeAway common stock. This communication is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell shares, nor is it a substitute for any offer materials that Expedia, Inc. ("Expedia") and its acquisition subsidiary will file with the U.S. Securities and Exchange Commission ("SEC"). Expedia has announced an agreement with HomeAway to acquire the leading vacation rental marketplace and all of its brands for $3.9 billion in cash and Expedia common stock. A live webcast of the conference call will be available to the public at http://ir.expediainc.com and http://investors.homeaway.com. In September, Expedia closed its acquisition of a fellow travel site, Orbitz Worldwide, for $1.6 billion including debt. All other international callers may dial 719-325-4784 and use passcode 4111332. Expedia to acquire HomeAway for $3.9B in cash and stock, challenging Airbnb by Jacob Demmitt on November 4, 2015 at 1:35 pm November 9, 2015 at 10:44 am Comments 4 … CST: 2029030-50. Airbnb has attracted much attention because it is one of the most highly valued private companies, most recently valued by investors at $20 billion. BELLEVUE, Wash. and AUSTIN, Texas, Nov. 4, 2015 /PRNewswire/ -- Expedia, Inc., (NASDAQ: EXPE) and HomeAway, Inc., (NASDAQ: AWAY) announced today that they have entered into a definitive agreement under which Expedia has agreed to acquire HomeAway, including all of its brands, for an equity value of approximately $3.9 billion in cash and Expedia common stock, representing a per share price for HomeAway shares of $38.31, based on Expedia's closing price on November 3, 2015. Expedia is adding to its offer. Founded in February 2005 and headquartered in Austin, Texas, the company became a publicly traded company in 2011. Through HomeAway, owners and property managers offer an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, including more room to relax and added privacy, for less than the cost of traditional hotel accommodations. But Expedia said in a call on Tuesday that this acquisition would be different from others it has done because HomeAway would be run almost autonomously out of Austin, Tex. Nov 4 -- Bloomberg’s Cory Johnson reports on Expedia acquiring HomeAway with Emily Chang on “Bloomberg West.” (Source: Bloomberg) "We have long had our eyes on the fast growing ~$100 billion alternative accommodations space and have been building on our partnership with HomeAway, a global leader in vacation rentals, for two years. THE EXCHANGE OFFER MATERIALS (INCLUDING AN OFFER TO EXCHANGE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER EXCHANGE OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT WILL CONTAIN IMPORTANT INFORMATION. Expedia Inc. today announced that it has agreed to acquire the publicly traded vacation rental service HomeAway and its brands (including VRBO.com) for $3.9 … The blockbuster deal, which is Expedia's largest ever at $3. Expedia just finalized its acquisition of HomeAway, meaning the online travel giant is now officially going head-to-head with Airbnb. As a result of these and other risks, the proposed transaction may not be completed on the timeframe expected or at all. Until now, unlike Airbnb, HomeAway ch… The company did not disclose details but said it was expected to add an average of 6 percent to most transactions. Logo - http://photos.prnewswire.com/prnh/20150123/170969LOGO Logo - http://photos.prnewswire.com/prnh/20151104/283930LOGO, Cision Distribution 888-776-0942 BELLEVUE, Wash. and AUSTIN, Texas, Nov. 5, 2015 -- Expedia, Inc., (NASDAQ: EXPE) and HomeAway, Inc., (NASDAQ: AWAY) announced today that they have entered into a definitive agreement under which Expedia has agreed to acquire HomeAway, including all of its brands, for an equity value of approximately $3.9 billion in cash and Expedia common stock, Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Airbnb allows people to rent out their homes or apartments on a short-term basis, while HomeAway focuses on vacation rentals. 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. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. With our expertise in powering global transactional platforms and our industry-leading technology capabilities, we look forward to partnering with them to accelerate their shift from a classified marketplace to an online, transactional model to create even better experiences for HomeAway's global traveler audience and the owners and managers of its 1.2 million properties around the world. Trademarks and logos are the property of their respective owners. The company also makes it easy for vacation rental owners and property managers to advertise their properties and manage bookings online. 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