Bluegreen vacations holding corporation announces amendment of tender offer to increase offer price to $25.00 per share and extend tender offer until december 23, 2022

Boca raton, fla.--( business wire )--bluegreen vacations holding corporation (nyse: bvh) (otcqx: bvhbb) (the “company”) announced today that it has amended its previously announced tender offer to purchase up to 4,500,000 shares of its class a common stock to increase the offer price from $22.17 per share in cash to $25.00 per share in cash, in each case, less applicable holding taxes and without interest. the new offer price of $25.00 per share represents a 46.6% premium over the closing share price of the company's class a common stock of $17.05 on november 2, 2022, the last trading day prior to the company's announcement of its intention to commence the tender offer. in connection with the amendment, the company has extended the expiration time of the tender offer from 5:00 p.m., eastern time, on friday, december 9, 2022 until 5:00 p.m., eastern time, on friday, december 23, 2022 (unless further extended or earlier terminated).
BVH Ratings Summary
BVH Quant Ranking