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Bluegreen Corporation


Recent Press Releases:

October 19, 2008

Bluegreen Corporation Updates Status Of Proposed Transaction With Diamond Resorts International

Bluegreen Corporation (NYSE: BXG) (“Bluegreen”), a leading provider of Colorful Places to Live and Play®, announced today that representatives of Diamond Resorts International (“Diamond Resorts”) have advised Bluegreen that to date Diamond Resorts has not secured financing... [Read more...]

September 16, 2008

Bluegreen Corporation Agrees To Extend Exclusive Negotiating Period

Bluegreen Corporation (NYSE: BXG) (“Bluegreen”), a leading provider of Colorful Places to Live and Play®, announced today that it has agreed to extend until November 15, 2008 the period during which Diamond Resorts International has an exclusive right of negotiation to acquire... [Read more...]

September 2, 2008

Bluegreen Corporation Completes $75.0 Million Timeshare Receivables Facility

Bluegreen Corporation (NYSE: BXG - News) (“Bluegreen”), a leading provider of Colorful Places to Live and Play®, today announced that on August 27, 2008 it entered into a new $75.0 million revolving timeshare receivables hypothecation facility with a syndicate of lenders... [Read more...]

August 4, 2008

Bluegreen Stock Soars After Announcement Of Takeover

Stock in Boca Raton-based Bluegreen Corporation has risen since it announced Diamond Resorts International may acquire it for about $500 million dollars. The companies last week signed a non-binding letter of intent that gives Diamond Resorts an exclusive right of negotiation... [Read more...]

July 29, 2008

Bluegreen Corporation Signs Non-Binding Letter Of Intent To Sell Company To Diamond Resorts, LLC

Bluegreen Corporation (NYSE: BXG) (Bluegreen® or the Company), a leading provider of Colorful Places to Live and Play®, announced that today it has signed a non-binding letter of intent relating to the acquisition of the Company at a price of $15.00 per share by Diamond Resorts... [Read more...]

July 11, 2008

Bluegreen Corporation Renews $30 Million Revolving Line Of Credit With Wells Fargo Foothill

Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play®, today announced the renewal of its $30 million revolving line of credit with Wells Fargo Foothill, part of Wells Fargo & Company (NYSE:WFC). Bluegreen® will pledge certain receivables... [Read more...]

June 26, 2008

Bluegreen Corporation (BXG) Acquires Vacation Ownership Intervals in New Orleans

Bluegreen Corporation (BXG), headquartered in Boca Raton, Florida, is a provider of Colorful Place to Live and Play® through two operating divisions: Bluegreen Resorts and Bluegreen Communities. Bluegreen Resorts markets a flexible, real-estate based vacation ownership plan... [Read more...]

June 13, 2008

Bluegreen Corporation Enters New Orleans Vacation Ownership Market

Acquires Inventory at Club La Pension Announces Plans to Establish Sales Presence in New Orleans Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play®, today announced it has acquired vacation ownership intervals (weeks) at Club La Pension... [Read more...]

April 30, 2008

Bluegreen Corporation Signs $75 Million Vacation Ownership Credit Facility With Textron Financial Corporation

Bluegreen Corporation (NYSE: BXG) (“Bluegreen”), a leading provider of Colorful Places to Live and Play®, today announced that on April 17, 2008 it signed a new, $75 million revolving acquisition, development, and construction (“AD&C”) credit facility with Textron... [Read more...]

April 23, 2008

Bluegreen Corporation Enters Atlantic City Vacation Ownership Market

Acquires Inventory at Royal Suites at Atlantic Palace and Plans to Establish New Sales Presence in New Jersey Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play®, today announced it has acquired vacation ownership inventory at Royal Suites... [Read more...]

April 17, 2008

Bluegreen Resorts Named Timeshare Company Of The Year By Myrtle Beach Herald

Herald Readers Select Bluegreen Resorts as ‘Best in Class’ Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play®, today announced that the readers of the Myrtle Beach Herald selected Bluegreen as the 2007 Timeshare Company of the Year... [Read more...]

April 6, 2008

Bluegreen Corporation Completes $60.0 Million Term Securitization

Renews And Expands To $150 Milion Receiveables Purchase Facility With BB&T Repays $55 Million 10.5% Senior Secured Notes Boca Raton, Fla. – April 4, 2008 – Bluegreen Corporation (NYSE: BXG) (“Bluegreen”), a leading provider of Colorful Places to Live and Play®,... [Read more...]

March 3, 2008

Bluegreen Corporation Reports 2007 Fourth Quarter And Year-End Results

Q4 2007 Highlights Compared to Q4 2006 Bluegreen Resorts Sales Rose 8.5% to Fourth Quarter Record $112.0 Million Bluegreen Communities Sales Increased 4.0% to $24.6 Million Net Income Increased to $8.5 Million, or a Fourth Quarter Record $0.27 Per Diluted Share Book Value of... [Read more...]

February 5, 2008

Bluegreen Corporation Promotes Two Senior Executives

Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play®, announced today the promotions of two senior executives in its National Sales and Marketing and Mortgage Operations. David A. Bidgood, Senior Vice President of National Sales and Marketing,... [Read more...]

January 18, 2008

Bluegreen Implements SPI Sales Automation Software

Systems Products International (SPI), a leading provider of software to the vacation ownership industry, recently announced that Bluegreen Corporation (NYSE:BXG) has deployed SPI’s Sales Automation and Contract Processing System at 29 of its Bluegreen Resorts sales locations. ... [Read more...]

January 15, 2008

Bluegreen Wins Stevie® Award In 2007 Selling Power Sales Excellence Awards

www.stevieawards.com/sales Bluegreen Corporation (NYSE:BXG), a leading provider of Colorful Places to Live and Play®, announced today that it was presented with a Stevie Award in the Best Timeshare Sales Organization of the Year category in the second annual Selling Power Sales... [Read more...]

November 14, 2007

Bluegreen Corporation Reports 2007 Third Quarter Results

Third Quarter 2007 Highlights • Bluegreen Resorts Sales Rose 14.4% to Third Quarter Record $149.1 Million • Bluegreen Communities Generates $4.5 Million of Field Operating Profit • Net Income of $14.0 Million, or $0.45 Per Diluted Share • Book Value of $12.04 Per... [Read more...]