MIAMI—Interval Leisure Group (ILG) filed a registration statement on Form S-4 with the Securities and Exchange Commission (SEC) related to ILG’s proposed acquisition of Vistana Signature Experiences, Inc., the entity that will hold the vacation ownership business of Starwood Hotels & Resorts Worldwide, Inc. The information contained in the registration statement is subject, in its entirety, to completion and amendment.
As previously announced on Oct. 28, ILG and Starwood entered into a definitive merger agreement pursuant to which a wholly owned subsidiary of ILG will merge with and into Vistana after Vistana is spun off to Starwood stockholders. On Dec. 10, the parties received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, one of the closing conditions to the acquisition. The acquisition remains subject to other closing conditions, including ILG stockholder approval, and is anticipated to close in the second quarter of 2016.