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Apollo Global to Buy Timeshare Operator Diamond Resorts For $2.2 Billion

No Hard Sell Required In Latest Giant Hospitality Sector Buyout As Las Vegas-Based Resort Firm Agrees to All-Cash Tender Offer
CoStar News
June 29, 2016 | 6:20 P.M.

Affiliates of private equity giant Apollo Global Management LLC agreed to pay $2.2 billion cash for Las Vegas-based Diamond Resorts International Inc., an operator of 420 luxury timeshare properties in 35 countries.

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News | Apollo Global to Buy Timeshare Operator Diamond Resorts For $2.2 Billion