BVH - Bluegreen Vacations amends tender offer to increase offer price to $25/share

• Bluegreen Vacations ( NYSE: BVH ) said Monday it amended its tender offer to buy up to 4.5M class A shares to increase the offer price from $22.17/share in cash to $25/share in cash.
• Shares of Bluegreen Vacations ( BVH ) gained ~14% .
• The company extended the expiration time of the tender offer from 5 pm ET on December 9 till 5 pm ET on December 23.
• The depositary for the tender offer, as of 5 pm ET on December 9, which was the previous expiration time of the tender offer, ~1.9M shares had been tendered for purchase in the tender offer.

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