TowneBank Sells Its Towne Vacations Segment For $250M To Belcrest Vacations Acquisitions
Benzinga Newsdesk 6 months ago
News
TowneBank (Nasdaq: TOWN) today announced it has completed a transaction to sell its Resort Property Management segment, Towne Vacations, to Belcrest Vacations Acquisitions, LLC for a transaction value of $250 million.
TowneBank (Nasdaq: TOWN) today announced it has completed a transaction to sell its Resort Property Management segment, Towne Vacations, to Belcrest Vacations Acquisitions, LLC for a transaction value of $250 million.