BBX CAPITAL CORPORATION (NYSE:BBX) Files An 8-K Other EventsItem 8.01Other Events.
On August 22, 2017, BBX Capital Corporation (the “Company”)announced that Bluegreen Corporation (“Bluegreen”), the Company’s wholly-owned subsidiary, has confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission relating to a possible initial public offering (“IPO”) of shares of Bluegreen’s common stock representing a minority interest in Bluegreen. The Company’s press release announcing the possible Bluegreen IPO is attached hereto as Exhibit99.1.
Item 9.01Financial Statements and Exhibits.
Exhibit 99.1–Press release dated August22, 2017
BBX Capital Corp ExhibitEX-99.1 2 c858-20170823xex99_1.htm EX-99.1 Exhibit 991 Exhibit 99.1 Bluegreen Corporation Exploring Possible Initial Public Offering FORT LAUDERDALE,…To view the full exhibit click
About BBX CAPITAL CORPORATION (NYSE:BBX)
BBX Capital Corporation (BBX Capital) is involved in the acquisition, ownership and management of joint ventures and investments in real estate and real estate development projects, as well as investments in operating businesses. The Company operates through three business segments: BBX, Renin and Sweet Holdings. The BBX segment consists of the activities associated with managing the commercial loan portfolio, real estate properties of BBX Capital and its subsidiaries, including BBX Partners, BBX Capital Asset Management, LLC (CAM) and Florida Asset Resolution Group, LLC (FAR). The Renin segment consists of the activities of Renin Holdings, LLC and its subsidiaries (Renin). Renin manufactures interior closet doors, wall decor, hardware and fabricated glass products. The Sweet Holdings segment consists of the activities of BBX Capital’s acquired operating businesses in the confection industry. The Sweet Holdings segment companies manufacture chocolate and hard candy products.