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Bluegreen Vacations Holding Corporation - BVHBB STOCK NEWS

Welcome to our dedicated news page for Bluegreen Vacations Holding Corporation (Ticker: BVHBB), a resource for investors and traders seeking the latest updates and insights on Bluegreen Vacations Holding Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bluegreen Vacations Holding Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bluegreen Vacations Holding Corporation's position in the market.

Rhea-AI Summary
Bluegreen Vacations Holding Corporation (BVH) announced the completion of its acquisition by Hilton Grand Vacations Inc. (HGV), resulting in Bluegreen Vacations becoming an indirect wholly-owned subsidiary of HGV. The merger resulted in the cancellation of BVH's Class A and Class B Common Stock, with shareholders receiving $75.00 in cash per share. Alan B. Levan, Chairman and CEO of Bluegreen Vacations, expressed pride in the management team and associates for achieving the merger, following the highest sales year in the Company's history.
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End-of-Day
-100%
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Rhea-AI Summary
Bluegreen Vacations Holding Corporation (BVH) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, with respect to the acquisition by Hilton Grand Vacations Inc. (HGV) for $75.00 per share in cash. The waiting period expired on December 14, 2023, satisfying one of the closing conditions of the transaction. The completion remains subject to other closing conditions, including approval by the Company’s shareholders.
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0.03%
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Rhea-AI Summary
Bluegreen Vacations Holding Corporation (BVH) Announces $0.20 Quarterly Cash Dividend
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End-of-Day
-0.43%
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management dividends
Rhea-AI Summary
Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) has announced that its joint venture with Bass Pro Shops, Bluegreen/Big Cedar Vacations LLC, has acquired Stonewater Cove Resort and Club in Stone County, Missouri. The resort is situated on 470 acres in the Ozark Mountains and offers a range of outdoor amenities. This acquisition is part of the company's strategy to expand its vacation ownership offerings and meet the growing demand for leisure travel.
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Rhea-AI Sentiment
End-of-Day
0.18%
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Rhea-AI Summary
Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) was recognized as Runner Up in the medium contact center category at the ICMI Global Contact Center Awards. The awards celebrate excellence and achievement in customer management, honoring organizations, contact centers, and individuals for outstanding leadership, vision, innovation, and strategic accomplishments. Angela Blevins, the executive in charge of Bluegreen’s contact center, expressed gratitude for the recognition, highlighting the exceptional team's dedication and hard work. The awards are highly esteemed in the industry, recognizing excellence in customer experience, employee engagement, technology adoption, and leadership.
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0.1%
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Rhea-AI Summary
Bluegreen (NYSE: BVH) Reports 7% Increase in Total Revenue to $267.9M and 10% Increase in Total Revenue to $747.6M for Quarter and Nine Months Ended September 30, 2023. Net income decreased 10% to $20.7M for the quarter and 5% to $54.1M for the nine months. Diluted EPS increased 5% to $1.25 for the quarter and 18% to $3.31 for the nine months. System-wide sales of VOIs increased 4% to $216.1M for the quarter and 5% to $583.7M for the nine months.
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End-of-Day
-0.15%
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Rhea-AI Summary
Hilton Grand Vacations Inc. (HGV) has announced its acquisition of Bluegreen Vacations for $1.5 billion. This deal will add over 200,000 members and 48 managed resorts in 14 new geographies to HGV's portfolio. The acquisition is expected to generate approximately $100 million in projected run-rate cost synergies and expand HGV's lead flow through Bluegreen Vacations' strategic partnerships, including an exclusive 10-year marketing agreement with Bass Pro Shops.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
106.78%
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Rhea-AI Summary
Bluegreen Vacations Holding Corporation (NYSE: BVH) has entered into a definitive agreement to be acquired by Hilton Grand Vacations Inc. (NYSE: HGV) for $75.00 per share in an all cash transaction. The deal represents a total enterprise value of approximately $1.5 billion, inclusive of net debt. Bluegreen Vacations is a leading vacation ownership company with 49 Club Resorts and 24 Associate Resorts in popular vacation destinations. The acquisition will enhance Hilton Grand Vacations' vacation ownership offering and broaden its reach.
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Rhea-AI Sentiment
End-of-Day
106.78%
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Rhea-AI Summary
Bluegreen Vacations declares quarterly cash dividend of $0.20 per share.
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-2.9%
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management dividends
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0.73%
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Bluegreen Vacations Holding Corporation

NYSE:BVHBB

BVHBB Rankings

BVHBB Stock Data

2.39B
8.93M
95.59%
Other Activities Related to Real Estate
Real Estate and Rental and Leasing
Link
US
Fort Lauderdale

About BVHBB

bbx capital (nyse: bbx) is involved in the acquisition, ownership, management, joint ventures and investments in real estate and real estate development projects, as well as acquisitions, investments and management of middle market operating businesses. in addition, bbx capital and its holding company, bfc financial corporation (otcqb: bfcf), have a 46% and 54% respective ownership interest in bluegreen corporation. as a result of their ownership interests, bbx and bfc own 100% of bluegreen. bluegreen manages, markets and sells the bluegreen vacation club, a flexible, points-based, deeded vacation ownership plan with more than 180,000 owners, over 60 owned or managed resorts, and access to more than 4,000 resorts worldwide. throughout our history, we have invested in and acquired businesses in financial services, retail brokerage and investment banking, timeshare, real estate, confections, and other sectors.