Categories: NewsResorts

Bluegreen Corporation Exploring Possible Initial Public Offering

BBX Capital Corporation (NYSE: BBX)(OTCQX: BBXTB) announced that Bluegreen Corporation (“Bluegreen”), its wholly-owned subsidiary, has confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission relating to a possible initial public offering (“IPO”) of shares of Bluegreen’s common stock representing a minority interest in Bluegreen. The price range and other terms of any IPO have not yet been determined and there is no assurance that an IPO will be pursued or completed.

This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

BBX Capital Corporation Contact Info:
Investor Relations:
Leo Hinkley
Managing Director, Investor Relations Officer
954-940-5300
Email: LHinkley@BBXCapital.com

Source: BBX Capital Corporation

ResortTrades

Recent Posts

Key Highlights from Day 2 of ARDA Leadership & Policy Forum

The second day of the ARDA (American Resort Development Association) Leadership & Policy Forum proved…

1 week ago

Are You a Great Salesperson?

More sales mean higher revenues for any business. And people with certain characteristics tend to…

2 weeks ago

ResortCom Amplifies Giving with Employee-Driven Charity Giveback Program

ResortCom, a leading provider of timeshare management software, financial services, and call center solutions to…

2 weeks ago

How to Exit a Timeshare if a Developer Cannot Take Back Your Product

Nearly 10 million U.S. households own timeshare products that allow them to travel the world…

2 weeks ago

Vacatia-Managed Resorts to Reopen after Hurricanes Helene and Milton

Vacatia Inc., a leading provider of innovative, customer-centric solutions for timeshare resorts, has announced that…

2 weeks ago

MobiusVP Celebrates Twenty Five Years of Innovation

Mobius Vendor Partners is celebrating its Twenty-Fifth  Anniversary of business. The well-known business process design,…

2 weeks ago