Vacasa Accepts Casago's Increased $5.30 Per Share Buyout Offer-August 2024-www.financetom.com

Vacasa Accepts Casago's Increased $5.30 Per Share Buyout Offer

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Vacasa Accepts Casago's Increased $5.30 Per Share Buyout Offer

Mar 17, 2025 7:45 AM

10:17 AM EDT, 03/17/2025 (MT Newswires) -- Vacasa ( VCSA ) said Monday it accepted a revised acquisition offer from Casago at $5.30 per share in cash, amending their existing merger agreement.

The vacation rental property management platform signed a deal in December for Casago to acquire all outstanding Vacasa ( VCSA ) shares for $5.02 per share.

Vacase said the updated deal removes provisions that could potentially have reduced the purchase price based on Vacasa's ( VCSA ) liquidity or units under management.

The company also evaluated a $5.75 per share bid from Davidson Kempner Capital Management but determined it is not a "superior proposal," Vacasa ( VCSA ) said, adding that it has ended discussions with Davidson Kempner.

Shares of the company were up nearly 2% in recent Monday trading.

Price: 5.33, Change: +0.10, Percent Change: +1.91

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