Inspirato Says New Offer From Exclusive Resorts Is Not ‘Actionable’
It's hard to see how an Exclusive Resorts-Inspirato deal doesn't eventually happen, barring another suitor coming into the picture. Of course, there are egos involved.
Inspirato and Buyerlink called off their planned merger, and Inspirato said that a second and higher offer from competitor Exclusive Resorts was inadequate and not "actionable."
Exclusive Resorts, which has AOL founder Steve Case as its executive chairman, made a $3.50 per share all-cash acquisition offer with an enterprise value of $68.6 million, Inspirato said in a financial filing posted Friday. That's up from a $3.15 per share bid made
skift.
