Friday, November 4, 2016
Diamond Resorts International has announced a new partnership with race car driver Michael Waltrip, who will serve as the vacation ownership brand’s celebrity ambassador. In addition to the agreement with Waltrip, Diamond also plans to give members access to all-new vacation experiences and perks. [Read more…]
Tuesday, September 6, 2016
Recently, it was announced that Apollo Global Management, LLC successfully completed a merger transaction which permits their affiliates of Apollo Funds to acquire all of the outstanding common stock of Diamond Resorts International, Inc. Affiliates will receive a $30.25 per share cash tender for all outstanding shares of common stock following the merger.
Friday, July 29, 2016
Diamond Resorts International, offering timeshare destinations in over 35 countries across the globe, employs experts that have offered their insight as to the true importance of traveling while young.
Wednesday, June 29, 2016
Just reported this morning, Diamond Resorts International has agreed to be bought by private equity firm Apollo Global Management LLC for $2.2 billion dollars.
Apollo will pay $30.25 per share—a 26% premium over Diamond’s closing share price Tuesday. This offer is 58% more than Diamond Resorts’ closing share price on February 24th. At that time, the company had said they were exploring strategic alternatives for growth.
