NEW YORK ( The Deal) -- Lodging company Wyndham Worldwide Corp. said Friday it acquired Shell Vacations LLC in a $255 million cash-and-assumed-debt deal that would add 19 resorts to its portfolio of properties under management.Terms of the deal call for Wyndham, through an affiliate, to pay $102 million in cash for Shell and assume $153 million of debt. Northbrook, Ill.-based Shell is a timeshare operator with resort locations in eight U.S. states and in Canada, boasting about 115,000 members.
Wyndham Books Deal for Shell Vacations
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