Inspirato Considers Rival Bid From Exclusive Resorts

Luxury travel club Exclusive Resorts has made an all-cash bid to acquire Inspirato, potentially derailing the company’s planned reverse merger with automotive marketplace Buyerlink.
In a financial filing Tuesday, Inspirato stated that the proposed all-cash deal made last week would likely lead to a "superior proposal," and as a result, it would engage under certain conditions in discussions with Exclusive Resorts, whose chairman and controlling shareholder is AOL co-founder Steve Case.
However, with no firm deal in hand, the Inspirato board continued to recommend the deal with Buyerlink, with the voting due to be tallied at September 19 special meeting.
The Buyerlink DealPayam Zamani is CEO of both Inspirato and Buyerlink, which pitches itself as a lead-generation solutions provider,
skift.