Hilton Grand Vacations (NYSE:HGV) has announced an acquisition of Bluegreen Vacations (NYSE:BVH) that is expected to be completed 2024-H1.

Under the terms of the agreement, Hilton Grand Vacations has agreed to give Bluegreen Vacations $1.50 billion in cash in exchange for BVH stock.

About The Companies Involved

Hilton Grand Vacations Inc is a timeshare company engaged in developing, marketing, selling, managing and operating timeshare resorts, timeshare plans and ancillary reservation services, under the Hilton Grand Vacations brand. The company operates business in the following two ...

Full story available on Benzinga.com