Vacasa rejects Davidson Kempner acquisition proposal, supports Casago merger

From Yahoo Finance: 2025-04-19 08:20:00

Vacasa has rejected Davidson Kempner Capital Management LP’s unsolicited acquisition proposal, citing concerns about the amendment to the Tax Receivable Agreement and lack of approval from TRA beneficiaries. The company reaffirmed its support for the merger agreement with Casago, which will acquire all outstanding shares at $5.30 per share, removing purchase price adjustment provisions. The Special Committee and Board recommend shareholders vote in favor of the Casago transaction.



Read more at Yahoo Finance: Vacasa says Davidson Kempner proposal does not constitute ‘superior proposal’