“I have never been able to achieve a successful exchange using my exchange company

“Timeshares are easy to buy, they are not so easy to sell. Timeshares are worthless.”

“I never realised when I signed that it was for perpetuity – forever. If I die the liability goes to my estate. There is no exit policy.

“We paid £5,000 for our timeshare and the finance company has been charging an exorbitant rate of interest, plus the loan is secured on our house, so I really need to get this sorted.”

Apollo Global buys out Diamond Resorts in huge takeover

The latest in the mergers and acquisitions world is news about the buyout of Las Vegas based Diamond Resorts International by private equity firm Apollo Global Management LLC. Apollo paid around $2.2 billion, paying £30.25 per share, which is a 26% premium over Diamond’s closing share price on Tuesday.

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