HomeAway Spikes Following Acquisition Rumor
The price movement appears to have started amid tweets such as:
AWAY FT Dealreporter - Expedia may be looking to acquire Homeaway (AWAY), bankers seen as strategic buy
— ZOZO (@zozotrader) December 1, 2014
Benzinga reached out to both HomeAway and Expedia, but has not yet received a response.
HomeAway recently traded at $31.64, up 0.89 percent.
Expedia recently traded at $86.63, down 0.55 percent.
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