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June 16, 2011 03:54 pm GMT
This is no doubt that this is the year of technology IPOs. Vacation home rental service HomeAway has set the price range of its offering, pricing the range between $24 and $27 per share, valuing the company at a whopping $2 billion. HomeAway aims to raise as much as $248 million in the offering and will list its stock on the NASDAQ under the symbol "AWAY."HomeAway currently offers home rentals through 31 websites in 11 languages and provided listings for vacation rentals located in over 145 countries. In 2010, its sites averaged over 9.5 million unique monthly visitors.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/nxRMBRgqP80/
HomeAway Prices IPO Between $24 And $27 Per Share, Now Valued At $2 Billion
This is no doubt that this is the year of technology IPOs. Vacation home rental service HomeAway has set the price range of its offering, pricing the range between $24 and $27 per share, valuing the company at a whopping $2 billion. HomeAway aims to raise as much as $248 million in the offering and will list its stock on the NASDAQ under the symbol "AWAY."HomeAway currently offers home rentals through 31 websites in 11 languages and provided listings for vacation rentals located in over 145 countries. In 2010, its sites averaged over 9.5 million unique monthly visitors.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/nxRMBRgqP80/
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