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
Marriott Vacations Worldwide (NYSE: VAC), a major player in the global vacation ownership sector, today…
In 2013, I attended an ARDA session on innovative solutions for legacy timeshare resorts. Rich…
The Perspective Group and GNEX (Growth Networking EXperience) Conference today announced that Carl Gould, a…
Colebrook Financial, a leading lender to the timeshare and travel club industries, has renewed a…
All-inclusive travel has surged from a niche preference to a dominant force in global tourism,…
The future of hospitality is being shaped in the narrow space between attentiveness and intrusion.…