Time-Shares A Wasting – Starwood’s Vistana Spinoff, Reverse Morris Trust Merger with Interval Slightly Delayed
With all of the world focused on Starwood’s (HOT) buyout and the exciting bidding war between Anbang and Marriott International (MAR) it was easy to forget about the planned spinoff of Vistana, its timeshare business. It always seemed to get lumped into the bids, but as a reminder, the company will merge into the Interval Leisure Group (IILG)… Read More »