Las Vegas-based vacation rental operator Diamond Resorts International completed its acquisition of Aegean Blue Holdings and its five resorts in the Greek Isles.
Diamond Resorts, which has 220 resorts and almost 1.4 million members, adds 7,400 vacation-rental owners to its total with the purchase.
The acquisition, whose price wasn't disclosed, was financed by Guggenheim Partners. That group, which manages more than $125 billion in assets, was the lead investor in the purchase of the Los Angeles Dodgers earlier this year.
Aegean Blue has four resorts in Crete and one in Rhodes. Follow Danny King on Twitter @dktravelweekly.