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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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work