Marriott Vacations Worldwide Corp (NYSE:VAC)
$ 91.61 1.27 (1.41%) Market Cap: 3.20 Bil Enterprise Value: 8.29 Bil PE Ratio: 17.45 PB Ratio: 1.32 GF Score: 77/100

Marriott Vacations Worldwide Corp to Acquire Welk Resorts - M&A Call Transcript

Jan 26, 2021 / 01:30PM GMT
Release Date Price: $136.9 (-0.56%)
Operator

Greetings, and welcome to the Marriott Vacation Worldwide announces agreement to acquire Welk Resorts for approximately $430 million. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Neal Goldner. Thank you, sir. Please go ahead.

Neal H. Goldner
Marriott Vacations Worldwide Corporation - VP of IR

Thank you, Donna, and welcome to the Marriott Vacations Worldwide conference call to discuss our agreement to acquire Welk Resorts. I am joined today by Steve Weisz, Chief Executive Officer of Marriott Vacations Worldwide; and John Geller, President and Chief Financial Officer.

I do need to remind everyone that many of our comments today are not historical facts and are considered forward-looking statements under federal securities law. These statements are subject to numerous risks and uncertainties as described in our SEC filings, which could cause future results to differ materially from those expressed in or implied by our comments. The press release that we issued this

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