Expedia Inc. (Nasdaq: EXPE) will pay a premium of approximately $3.9 billion in cash and stock to acquire HomeAway Inc. (Nasdaq: AWAY). Shares of Expedia soared $3.14 to close at $137.31 while HomeAway stock leaped $8.11 to close at $40.15.
Expedia to buy HomeAway
November 05, 2015 at 17:39 PM EST
