MULTIZ321
TUG Member
- Joined
- Jun 6, 2005
- Messages
- 31,266
- Reaction score
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- 1,048
- Location
- FT. LAUDERDALE, FL
- Resorts Owned
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BLUEWATER BY SPINNAKER HHI
ROYAL HOLIDAY CLUB RHC (POINTS)
Boca-Based Bluegreen Vacations Timeshare Company Lists on NYSE, Price Declines
By Marcia Heroux Pounds/ Business/ Sun Sentinel/ sunsentinel.com
"Boca-based Bluegreen Vacations listed its stock on the New York Stock Exchange on Friday, opening at $14 a share. The stock, listed under the symbol “BXG,” closed down $1 at $13 a share.
Bluegreen is a subsidiary of BBX Capital, a diversified holding company for real estate, timeshare and entrepreneurial businesses based in Fort Lauderdale.
Through the public stock offering, Bluegreen is looking to raise $100 million with proceeds going to parent company BBX Capital. Funds are earmarked for working capital, potential acquisitions, development of vacation properties and repayment of debt, according to a filing with the Securities and Exchange Commission...."
Richard
By Marcia Heroux Pounds/ Business/ Sun Sentinel/ sunsentinel.com
"Boca-based Bluegreen Vacations listed its stock on the New York Stock Exchange on Friday, opening at $14 a share. The stock, listed under the symbol “BXG,” closed down $1 at $13 a share.
Bluegreen is a subsidiary of BBX Capital, a diversified holding company for real estate, timeshare and entrepreneurial businesses based in Fort Lauderdale.
Through the public stock offering, Bluegreen is looking to raise $100 million with proceeds going to parent company BBX Capital. Funds are earmarked for working capital, potential acquisitions, development of vacation properties and repayment of debt, according to a filing with the Securities and Exchange Commission...."
Richard