Wednesday, July 6, 2011

HomeAway Nets $148.9M From IPO

Austin-based HomeAway, the operator of the online marketplace for vacation rentals, reported last night that it netted $148.9M in its IPO. The firm said it closed its IPO offering, selling a total of 5,931,335 shares. Including underwriters and other selling stockholders, total proceeds from the IPO totaled $231.0M. HomeAway debuted on the market on June 29th, trading as AWAY on the NASDAQ Global Select market.