Vacation home rental lister HomeAway Inc. reported Tuesday raising $195.3 million with its follow-on stock offering.
The Austin-based company sold 6.9 million shares of its common stock for $37 per share. It plans to use the net proceeds of this offering for general corporate purposes, which may include acquisitions or license of, or investment in, products, services, technologies or other businesses, according to a company news release.
More About HomeAway:
- Second Public Offering By HomeAway Would Raise $200 Million, Rivaling Its Own IPO
- HomeAway Buys Australia’s Largest Vacation Rental Group for $198 Million
- HomeAway Has Become an Attractive Yet Expensive Acquisition Target