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According to Reuters, ILG (ILG) seeking strategic alternatives

  • March 21, 2018


StockILG, Inc.SymbolILG
Date Announced03/22/2018Source Reuters
TypeNews Report
Date of Confirmation: 04/30/2018Price at Confirmation: $34.14
Potential Profit: 5.93%Annualized Profit: 55.46%

ILG Inc (ILG), a U.S. provider of vacation timeshare properties, is exploring a merger with Apollo Global Management LLC’s (APO) Diamond Resorts International Inc as an alternative to a sale, people familiar with the matter said.


April 30, 2018: Marriott Vacations Worldwide Corporation (VAC) and ILG (ILG) today announced that they have entered into a definitive agreement under which MVW will acquire all of the outstanding shares of ILG in a cash and stock transaction with an implied equity value of approximately $4.7 billion.

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