TOP NEWS

HomeAway Prices IPO

Austin-based HomeAway, the online vacation rental marketplace, priced its IPO Tuesday night, at $27.00 per share. HomeAway priced at the high end of its estimated IPO pricing range of $24.00 to $27.00 per share. The firm will debut on the NASDAQ Global Select Market today as AWAY. HomeAway is offering up 8,000,000 shares of its common stock in the IPO, which was underwritten by morgan Stanley, Deutsche Bank Securities, Goldman Sachs & Co., J.P. Morgan, Stifel Nicholas Weisel, and Pacific Crest Securities. HomeAway was venture backed by Austin Ventures, Redpoint Ventures, Technology Crossover Ventures, Institutional Venture Partners, and Tiger Global Management.


MARKETPLACE