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Bluegreen Corp Completes Merger With Subsidiary Of BFC Financial Corp


Tuesday, 2 Apr 2013 05:23pm EDT 

BFC Financial Corporation and Bluegreen Corp announced that the previously announced merger of Bluegreen into Woodbridge Holdings, LLC (Woodbridge), a wholly-owned subsidiary of BFC. Under the terms of the merger agreement, each outstanding share of Bluegreen’s Common Stock (other than those shares held directly or indirectly by BFC and shares owned by holders who exercised and perfected their appraisal rights in accordance with Massachusetts law) have been converted into the right to receive $10.00 in cash, without interest thereon and less any applicable withholding taxes. 

Company Quote

3.72
-0.02 -0.53%
11 Jul 2014