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Original Message:
HGV Buys Bluegreen - the whole thing (by Jerry M.):
Yup, HGV has agreed to purchase Bluegreen Vacations, the whole enchellada, transaction to close some time in 1H2024.
Given the uncertainty of how exactly the two systems will be blended, I would offer that anyone considering a new purchase of a Bluegreen VOI defer that purchase until the details of the new arrangement are available.
Bluegreen has about 200k VOI owners; HGV has about 500k. BG has about 50 resorts; HGV has about 150.
This will be interesting to watch....
Press releases:
https://ir.bvhcorp.com/news-events/press-releases/detail/5229/bluegreen-vacations-holding-corporation-to-be-acquired-by
https://corporate.hgv.com/news/news-details/2023/Hilton-Grand-Vacations-to-Acquire-Bluegreen-Vacations/default.aspx