Airbnb Declines Takeover By Billionaire Investor
Airbnb Declines Takeover By Billionaire Investor

REUTERS/Brendan McDermid Summary List Placement Airbnb declined a merger with Bill Ackman's record-size acquisition company after early-stage talks, Bloomberg reported on Wednesday.

The home-rental giant reportedly told Ackman it prefers entering public markets through a traditional IPO.

Still, Airbnb hasn't completely ruled out a deal despite confidentially filing for an IPO in mid-August, sources told Bloomberg.