The closing date wasn't announced in a prepared statement from USA's New York headquarters today.

Diller, chairman/CEO of the international conglomerate, is buying Interval International from Chicago-based Willis Stein & Partners through the acquisition of holding company Interval Acquisition Corp.

"Another notch in our belt of interactive services with real revenues, earnings and strong growth--one in which online migration over time is assured and one where many of our current services interrelate, providing all kinds of new opportunities for each other," Diller says in the statement.

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