Meredith Sells Travel + Leisure in $100 Million Deal

New York Post: Wyndham Destinations, an Orlando, Fla.-based timeshare resort company, has acquired Travel + Leisure from Meredith in a $100 million deal. The resort company owns 230 timeshare resorts and runs 18 travel clubs. Meredith will continue to operate the media properties under a long term-licensing deal.