Marriott Vacations set to buy Welk Resorts for $430m
US: Marriott Vacations Worldwide [MVW] has announced that it has entered into a definitive agreement to acquire Welk Resorts, of the largest timeshare companies in North America, for approximately $430 million, including an estimated 1.4 million MVW common shares. The acquisition is expected to close early in the second quarter of 2021. Welk opened its […]