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Month: April 2018

Marriott timeshare company will buy ILG for $4.7B stock and cash

Marriott timeshare company will buy ILG for $4.7B stock and cash

In a further sign of consolidation in the timeshare industry, Orlando-based Marriott Vacations Worldwide (NYSE:VAC) said Monday it will buy Miami-based ILG for $4.7 billion in stock and cash.

ILG, formerly Interval Leisure Group, says it has 40 properties and more than 250,000 owners in the Vistana…