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
Bruce Wardinski, Chairman and Chief Executive Officer of Playa Hotels & Resorts N.V. (NASDAQ: PLYA),…
Remote work is not merely a passing trend but a fundamental shift in the way…
Architecture with purpose, takes into consideration the needs of the individual from a variety of…
[Editor’s note: We caught up with Curt at the GNEX Conference in Miami in February…
From globe-trotting treks to local escapes, the new year promises a diverse travel landscape for…
Award-wining resort management company, Grand Pacific Resorts, has partnered with Care Solace to make mental…