Marriott Vacations buys ILG in $4.7 billion timeshare merger

(Reuters) – Marriott Vacations Worldwide Corp (VAC.N) will buy timeshare operator ILG Inc (ILG.O) for $4.7 billion, the companies said on Monday, grabbing the chance to merge operations and brands spun out of Starwood and Marriott hotels. ILG serves some 2 …

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