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Vacasa ( (VCSA) ) has provided an update.
Vacasa and Casago have announced a merger that will create a significant vacation rental management platform, with Casago acquiring all outstanding shares of Vacasa for $5.02 per share. The merger, subject to shareholder approval and other customary conditions, is expected to close by mid-2025, resulting in Vacasa becoming a privately held company. This strategic combination aims to enhance service quality and operational scale, with Roofstock providing strategic guidance and investment. The merger is seen as beneficial to homeowners, guests, and partners by leveraging both companies’ strengths and enhancing Vacasa’s focus on local management and homeowner-centric services.
More about Vacasa
Vacasa is a leading vacation rental management platform in North America, offering technology-driven solutions for homeowners to maximize rental income and providing guests with a seamless booking and accommodation experience across the U.S., Belize, Canada, Costa Rica, and Mexico. The company collaborates with major channel partners like Airbnb, Booking.com, and Vrbo.
YTD Price Performance: -40.85%
Average Trading Volume: 82,464
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $124.3M
For a thorough assessment of VCSA stock, go to TipRanks’ Stock Analysis page.
