Law 360, Hotel Business, Luxury Daily and South Florida Business Journal Highlight Guthrie, Bachrach and Jassak’s Role in Marriott Vacations Worldwide’s $4.7B Acquisition of Timeshare Operator

01 September 2018 Law 360, Hotel Business, South Florida Business Journal, Luxury Daily News

Foley partners Bill Guthrie, Dan Bachrach and Matt Jassak served as lead timeshare and exchange counsel in Marriott Vacations Worldwide’s $4.7 billion agreement to buy timeshare operator ILG.

The deal will combine two of the premier global timeshare and vacation experience companies to create a more diversified company with significantly enhanced marketing potential and scale. The combined company will have more than 100 vacation properties around the world and seven upscale and luxury vacation brands, including ILG’s Hyatt, Westin and Sheraton brands. It will also be a leading provider of premier exchange networks, which currently comprises nearly two million members and more than 3,200 resorts worldwide.

The deal closed September 1, 2018.

The deal was highlighted in Law360, Hotel BusinessSouth Florida Business Journal and Luxury Daily.

(Subscriptions required.)

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