Scalper1 News
Online vacation rental marketplace HomeAway (AWAY) stock surged on Thursday, the day after major online travel site Expedia (EXPE) announced it would acquire HomeAway in a $3.9 billion deal. Expedia is buying Austin, Texas-based HomeAway to gain more clout as it aims tomake a mark in the alternative lodging sector — Airbnb’s strength. The HomeAway acquisition is the latest expansion for Expedia, which completed its $1.6 billion buyout of domestic Scalper1 News
Scalper1 News