MIAMI--(BUSINESS WIRE)--Dec. 6, 2017--
ILG, Inc. (Nasdaq: ILG) (“ILG”) today announced that it has amended its
Rights Agreement (the “Rights Plan”) to
accelerate the expiration date of the related preferred share purchase
rights to 5:00 p.m. (New York City Time) on December 6, 2017,
effectively terminating the Rights Plan as of today. Stockholders are
not required to take any action as a result of this expiration.
ILG is a leading provider of professionally delivered vacation
experiences and the exclusive global licensee for the Hyatt®, Sheraton®,
and Westin® brands in vacation ownership. The company offers its owners,
members, and guests access to an array of benefits and services, as well
as world-class destinations through its international portfolio of
resorts and clubs. ILG’s operating businesses include Aqua-Aston
Hospitality, Hyatt Vacation Ownership, Interval International, Trading
Places International, Vacation Resorts International, VRI Europe, and
Vistana Signature Experiences. Through its subsidiaries, ILG
independently owns and manages the Hyatt Residence Club program and uses
the Hyatt Vacation Ownership name and other Hyatt® marks under license
from affiliates of Hyatt Hotels Corporation. In addition, ILG’s Vistana
Signature Experiences, Inc. is the exclusive provider of vacation
ownership for the Sheraton and Westin brands and uses related trademarks
under license from Starwood Hotels & Resorts Worldwide, LLC.
Headquartered in Miami, Florida, ILG has offices in 15 countries and
more than 10,000 associates. For more information, visit www.ilg.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171206006230/en/
Source: ILG, Inc.
Lily Arteaga, 305-925-7302
Christine Boesch, 305-925-7267