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TowneBank Sells Its Towne Vacations Segment For $250M To Belcrest Vacations Acquisitions

Benzinga·04/06/2026 12:31:26
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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.