Vacasa Accepts Revised Acquisition Offer, Turns Down Rival's Higher Bid
One reason Vacasa's board looks more favorably about the Casago bid is because of the leverage that Davidson Kempner wields over Vacasa as a debt holder. If Vacasa accepts the investment firm's bid and the deal gets dragged out, then Davidson Kempner would be in the driver's seat. -Dennis Schaal
