Expedia buys HomeAway for $3.9B because Airbnb

Travel booking site Expedia has agreed to buy publicly traded vacation rental company HomeAway for $3.9 billion, the companies announced today. It’s a big deal partly because it validates the growth of fast-growing startup Airbnb. HomeAway operates vacation rental site VRBO, which some people think of as an alternative to Airbnb. Now Expedia is getting […]...