HomeAway Buys Spanish Vacation Rentals Site Top Rural

HomeAway has acquired Top Rural S.L., which offers vacation rentals in France, Spain, Italy and Portugal. Terms of the deal were not disclosed, except that it was an all-cash transaction. HomeAway will provide more details during its first-quarter earnings report on April 24. UPDATE: In a filing, the company said it paid 14 million euros, or roughly $18.7 million in cash.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald