News yesterday detailed an apparent buyout bid by French insurance company AXA, and the Chinese conglomerate Fosun International to control resort chain Club Med. According to reports the major shareholders offered something on the order of $719 million have been confirmed and supported by the Club Med management team.
Club Med, the big Daddy of all inclusive vacationing, just announced the return of their popular WOW Sale. This season all inclusive seven night escapes start as low as $899 per person. And for the first time ever guests can book ahead into October 2012.