HomeAway Buys Spanish Vacation Rentals Site Top Rural

HomeAway has acquired Top Rural S.L., which offers vacation rentals in France, Spain, Italy and Portugal. Terms of the deal were not disclosed, except that it was an all-cash transaction. HomeAway will provide more details during its first-quarter earnings report on April 24. UPDATE: In a filing, the company said it paid 14 million euros, or roughly $18.7 million in cash.

Source: http://allthingsd.com/20120402/homeaway-buys-spanish-vacation-rentals-site-top-rural/

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