The ink is not yet dry on Casago’s proposed acquisition of Vacasa, but the deal continues to spark discussion in the vacation rental space.
The chatter has mainly focused on Vacasa being eight times larger than Casago, a fact which led to Casago’s CEO Steve Schwab being asked if he is “crazy” at a recent event.
Schwab, who joined a panel on investment and growth strategies in the vacation rental segment at the Short Stay Summit in London last week, said he “likes puzzles.”
A further reason for the attention has been the back and forth between a special committee of Vacasa’s board and Davidson Kempner, a shareholder in the property management business, which has offered higher bids.
In a regulatory filing earlier this week, Vacasa laid out why it believes the Casago transaction is the best for shareholders. It said the committee had…
