Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of HomeAway, Inc. Concerning its Proposed Sale to Expedia Inc.

05 Nov, 2015, 11:01 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, Nov. 5, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of HomeAway, Inc. ("HomeAway" or the "Company") (NasdaqGS: AWAY) related to the proposed acquisition of the Company by Expedia Inc.  The transaction is valued at around $3.9 Billion. Under the terms of the deal, Expedia will offer to acquire each outstanding share of common stock of HomeAway in exchange for $10.15 in cash and 0.2065 of a share in Expedia stock.

This investigation concerns whether the Board of Directors of HomeAway breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.

If you own HomeAway common stock and wish to obtain additional information, please contact either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email info@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact: Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Eitan Kimelman 212-697-6484 info@bgandg.com

 

SOURCE Bronstein, Gewirtz & Grossman, LLC



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