Wyndham (WYN) announces that its Wyndham Vacation Ownership subsidiaury purchased Shell...

|About: Wyndham Worldwide Corpora... (WYN)|By:, SA News Editor

Wyndham (WYN) announces that its Wyndham Vacation Ownership subsidiaury purchased Shell Vacations for $255M. The deal price includes $102M worth of cash and $153 in assumed debt. The company will land 19 Shell resort locations from the buy that it says will be immediately accretive to earnings. (PR)