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June 29, 2011 07:09 am GMT
Vacation home rental service HomeAway has priced its IPO, which is set to begin trading tomorrow morning at $27 per share, giving the company a valuation of $2 billion. The company aims to raise as much as $248 million in the offering. Last week, HomeAway priced the range of its offering between $24 and $27 per share, so this final pricing is at the high end of the range. The company's shares will begin trading tomorrow morning on the NASDAQ under the ticker symbol "AWAY." The company's IPO is being underwritten by Morgan Stanley, Deutsche Bank, Goldman Sachs and J.P. Morgan. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/56J2n2f4ooQ/
HomeAway Prices IPO At $27 Per Share With A Market Cap Of $2 Billion
Vacation home rental service HomeAway has priced its IPO, which is set to begin trading tomorrow morning at $27 per share, giving the company a valuation of $2 billion. The company aims to raise as much as $248 million in the offering. Last week, HomeAway priced the range of its offering between $24 and $27 per share, so this final pricing is at the high end of the range. The company's shares will begin trading tomorrow morning on the NASDAQ under the ticker symbol "AWAY." The company's IPO is being underwritten by Morgan Stanley, Deutsche Bank, Goldman Sachs and J.P. Morgan. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/56J2n2f4ooQ/
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