Two of Wall Street’s most aggressive investment firms are battling over the control of a troubled ecommerce start-up, underlining how even companies buckling under high interest rates and a weakening economy remain prime targets for creative financiers.
Vacasa, a publicly traded vacation rental marketplace once worth billions, last week accepted a sweetened buyout offer worth around $200mn from Casago, a small competitor whose bid is in partnership with Vacasa’s longtime private equity…
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