Marriott Vacations to buy Miami-based ILG for $4.7B



Marriott Vacations Worldwide Corp. will buy Miami-based ILG Inc. for $4.7 billion, the companies announced on Monday. The deal, a combination of cash and stock, will create the largest portfolio of luxury timeshare vacation resorts with a combined revenue …

Marriott Vacations to buy ILG for $4.7 billion



Marriott Vacations Worldwide has agreed to acquire ILG for about $4.7 billion in cash and stock to expand its presence in vacation clubs, especially in Mexico and the Caribbean. The two companies have more than 100 vacation properties totaling more than …

Marriott Vacations to buy ILG in $4.7 bln deal



April 30 (Reuters) – Marriott Vacations Worldwide Corp said on Monday it would buy fellow vacation timeshare company ILG Inc in a cash and stock deal worth about $4.7 billion. ILG shareholders will receive $14.75 in cash and 0.165 shares of Marriott …