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Expedia to buy HomeAway for $3.9 billion in cash and stock

CEO of Expedia, Inc. Dara Khosrowshahi attends the Allen & Co Media Conference in Sun Valley, Idaho July 13, 2012. Reuters/Jim Urquhart

(Reuters) - Online travel services company Expedia Inc said it agreed to buy HomeAway Inc, an online vacation rental marketplace operator, for about $3.9 billion in cash and stock.

Expedia offered $10.15 in cash and 0.2065 in stock for each share of HomeAway held.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Sayantani Ghosh)