Jarett S. Levan to serve as President of the Company
FORT LAUDERDALE, FL — (Marketwired) — 02/07/17 — The Board of Directors of BBX Capital Corporation (“BBX” or the “Company”) (OTCQX: BBXT)(OTCQX: BBXTB) is pleased to announce the appointment of A…
FORT LAUDERDALE, FL — (Marketwired) — 02/02/17 — BFC Financial Corporation (OTCQB: BFCF)(OTCQB: BFCFB) (the “Company”) announced today that the Company has changed its name to BBX Capital Corporation and that upon the opening of trading on Friday, February 3, 2017, the Company’s Class A Common Stock and Class B Common Stock will commence trading on the OTCQX® Best Market. In connection with the name change, the Company has obtained new ticker symbols for its Class A Common Stock and Class B Common Stock and upon the opening of trading on the OTCQX, the Company’s Class A Common Stock will trade under its new ticker symbol, “BBXT,” and the Company’s Class B Common Stock will trade under its new ticker symbol, “BBXTB.” The Company’s Class A Common Stock and Class B Common Stock were previously traded on the OTCQB.
Beginning February 3, 2017, all information, including stock trading, SEC filings, and market data related to the Company will be reported under the Company’s new name and ticker symbols. The new CUSIP number for the Company’s Class A Common Stock is 05491N104. The new CUSIP number for the Company’s Class B Common Stock is 05491N203. Outstanding stock certificates are not affected by the name, ticker symbol or CUSIP number changes, and will not need to be exchanged for new certificates.
About BBX Capital Corporation:
BBX Capital Corporation, formerly BFC Financial Corporation, is a holding company whose principal holding is Bluegreen Corporation. In addition, through its Real Estate and Middle Markets Divisions, the Company is involved in the acquisition, ownership and management of joint ventures and investments in real estate and real estate development projects, as well as acquisitions, investments and management of middle market operating businesses.
Bluegreen, founded in 1966 and headquartered in Boca Raton, Florida, is a sales, marketing and resort management company, focused on the vacation ownership industry and pursuing a capital-light business strategy. Bluegreen manages, markets and sells the Bluegreen Vacation Club, a flexible, points-based, deeded vacation ownership plan with more than 200,000 owners, 66 owned or managed resorts, and access to more than 4,500 resorts worldwide. Bluegreen also offers a portfolio of comprehensive, turnkey, fee-based services, including resort management services, financial services, and sales and marketing services, to or on behalf of third parties.
As of September 30, 2016, BBX Capital Corporation had total consolidated assets of $1.4 billion, shareholders’ equity attributable to BBX Capital Corporation of $400.6 million, and total consolidated equity of $508.7 million. BBX Capital Corporation’s book value per share at September 30, 2016 was $4.70.
For further information, please visit our family of companies:
BBX Capital Corporation: www.BBXCapital.com
Bluegreen Corporation: www.BluegreenVacations.com
This press release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The forward looking statements in this press release are also forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, that the potential benefits of the name change or the move of the Company’s Class A Common Stock and Class B Common Stock to the OTCQX® Best Market may not be realized to the extent anticipated or at all. Reference is also made to the risks and uncertainties detailed in reports filed by the Company with the SEC, including the “Risk Factors” sections thereof, which may be viewed on the SEC’s website at www.sec.gov. The Company cautions that the foregoing factors are not exclusive.
BBX Capital Corporation Contact Info:
Investor Relations
Leo Hinkley
Managing Director, Investor Relations Officer
954-940-5300
Email: LHinkley@BBXCapital.com
Media Contact:
Kip Hunter Marketing
954-765-1329
Aimee Adler / Jodi Goldstein
Email: aimee@kiphuntermarketing.com, jodi@kiphuntermarketing.com
Source: BBX Capital Corporation
FORT LAUDERDALE, FL — (Marketwired) — 01/05/17 — BFC Financial Corporation (“BFC” or the “Company”) (OTCQB: BFCF)(OTCQB: BFCFB) announced that its Board of Directors has approved an amendment to the Company’s Articles of Incorporation to change th…
BRAMPTON, ON and FORT LAUDERDALE, FL — (Marketwired) — 01/04/17 — Toronto-based interior design solutions manufacturer Renin Corp. (“Renin”), a subsidiary of BFC Financial Corporation (OTCQB: BFCF)(OTCQB: BFCFB), is pleased to announce that it will unveil its complete line of Soft Close Door Systemson January 10, 2017 at the NAHB International Builder’s Show (IBS) in Orlando, Florida. The introduction of Renin’s 2017 interior collection will showcase the company’s power to slide sophistication into any space. The Renin Soft Close collection will be available on its sliding bypass closet doors, across the wall systems, pocket doors and barn doors.
Renin will also introduce its all new series of barn doors at IBS which support this new ground-breaking technology. The frosted glass panelling of the Continental, the unique design of the Craftsman, the Brownstone’s modern features, and the Heritage‘s nod to tradition combine to deliver the next level of décor for consumers.
“The release of our 2017 collection will mark a new era for the sliding door,” said Shawn Pearson, CEO and President of Renin Corp. “The rattle and slam of traditional closet doors and barn doors have long been an annoyance for consumers and designers alike. I am very proud of our team for finding the solution, and composing an ingenious range of designs to showcase it.”
“In addition, barn door owners will now have something to look forward to with the Acme Easy Clip Soft Close™ attachment. This innovative technology can easily be attached to an already installed ¼” flat track hardware system in minutes,” Pearson concluded.
Tim Kuhn, Renin’s Vice President of Marketing added, “The IBS in Orlando is the perfect place for us to premiere the newest additions to our impressive catalogue. Buyers will experience first-hand what Renin has continued to do since our invention of the sliding mirror door in the 1960s: reimagine and reinvent interior design.”
The NAHB International Builder’s Show (IBS) will take place January 10-12, 2017 at the Orange County Convention Center in Orlando, Florida. To learn more about the Acme Easy Clip Soft Close™ and Renin’s complete line-up of new products, please visit Renin Corp. at Booth S2572.
About Renin Corp:
A Canadian-based designer and manufacturer, Renin has been a pioneer in the interior décor industry since its invention of the sliding mirror closet door in the 1960’s. With a focus on innovation, Renin continues to create a variety of quality products that are purchased across the globe. Under the leadership of President and CEO Shawn Pearson, Renin stands as an international leader in the design and manufacture of high quality innovations, with facilities in both Canada and the US. For more information visit www.ReninCorp.com.
About BFC Financial Corporation
:
BFC (OTCQB: BFCF)(OTCQB: BFCFB) is a holding company whose principal holdings include Bluegreen Corporation and Renin Holdings. In addition, BFC is involved in the acquisition, ownership and management of joint ventures and investments in real estate and real estate development projects, as well as acquisitions, investments and management of middle market operating businesses. As of September 30, 2016, BFC had total consolidated assets of $1.4 billion, shareholders’ equity attributable to BFC of $400.6 million, and total consolidated equity of $508.7 million. BFC’s book value per share at September 30, 2016 was $4.70.
About Bluegreen Corporation:
Founded in 1966 and headquartered in Boca Raton, FL, Bluegreen is a sales, marketing and resort management company, focused on the vacation ownership industry and pursuing a capital-light business strategy. Bluegreen manages, markets and sells the Bluegreen Vacation Club, a flexible, points-based, deeded vacation ownership plan with more than 200,000 owners, 66 owned or managed resorts, and access to more than 4,500 resorts worldwide. Bluegreen also offers a portfolio of comprehensive, turnkey, fee-based services, including resort management services, financial services, and sales and marketing services, to or on behalf of third parties.
For further information, please visit our family of companies:
BFC Financial Corporation: www.BFCFinancial.com
Bluegreen Corporation: www.BluegreenVacations.com
BBX Capital: www.BBXCapital.com
This press release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. The forward looking statements in this press release are also forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, and involve substantial risks and uncertainties, including, without limitation, that the expected benefits of Renin’s newly launched products may not be realized to the extent anticipated or at all. Reference is also made to the risks and uncertainties detailed in reports filed by BFC with the SEC, including the “Risk Factors” sections thereof, which may be viewed on the SEC’s website at www.sec.gov . BFC cautions that the foregoing factors are not exclusive.
Renin Corp Contact:
Tim Kuhn
905-791-7930 Ext: 3241
Email: timk@renincorp.com
BFC Financial Contact Info:
Media Contact:
Kip Hunter Marketing
954-765-1329
Aimee Adler / Jodi Goldstein
Email: aimee@kiphuntermarketing.com, jodi@kiphuntermarketing.com
Investor Relations:
Leo Hinkley
Managing Director, Investor Relations Officer
954-940-4994
LHinkley@BFCFinancial.com
Source: BFC Financial Corporation
FORT LAUDERDALE, FL–(Marketwired – December 15, 2016) – BFC Financial Corporation (“BFC”) (BFCF) (BFCFB) and BBX Capital Corporation (“BBX Capital”) (BBX) announced today that the companies’ previously announced merger has been completed. Consummation…
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