Monday, April 30, 2018

Marriott Vacations Worldwide to acquire Miami-based ILG for $4.7B

Marriott Vacations Worldwide Corp. has agree to acquire one of South Florida’s largest public companies. The Orlando-based timeshare giant (NASDAQ: VAC) — one of Central Florida’s largest publicly traded companies, with $2.39 billion in 2016 assets — on Monday said it would acquire all shares of Miami-based ILG (NASDAQ: ILG) for $4.7 billion. The deal is expected to close in the second half of 2018 if it receives regulatory approvals. Boards of both companies have unanimously approved the acquisition. The…



from https://www.bizjournals.com/baltimore/news/2018/04/30/marriott-vacations-worldwide-to-acquire-miami.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173456820092

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