Marriott Vacations Is Making a $4.7 Billion Bet on Luxury Timeshare Resorts

Marriott Vacations Worldwide agreed to buy ILG for about $4.7 billion in a stock and cash deal, creating the largest luxury brand for timeshare vacation resorts. ILG investors will receive $14.75 in cash and 0.165 of Marriott Vacations (vac) common stock …

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