HomeAway (AWAY) Acquires European Independent-Listing Site Toprural
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HomeAway, Inc. (Nasdaq: AWAY), announced its acquisition of Top Rural S.L. (dba Toprural), the leading site for independently-owned rural accommodations in Southern Europe, in an all cash transaction. The site, www.toprural.com, incorporates both bed and breakfasts and vacation rentals, which reflects the core of HomeAway's inventory. As of December 31, 2011, Toprural had more than 11,600 paid listings and approximately 29,900 free listings in rural France, Spain, Italy and Portugal.
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