Welk Resorts Sold For $430 Million

Marriott Vacations Worldwide (NYSE: VAC) announced today that it has entered into a definitive agreement to acquire Welk Resorts, one of the largest independent timeshare companies in North America, for approximately $430 million, including approximately 1.4 million MVW common shares. The acquisition is expected to close early in the second quarter of 2021.
Source: New feed


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