Why Bluegreen Vacations Stock Has More Than Doubled Today
Bluegreen Vacations (NYSE: BVH) stock is shooting through the roof in Monday's trading following news that the company is on track to be acquired by Hilton Grand Vacations (NYSE: HGV).
Bluegreen's share price was up 105.6% as of 12:45 p.m. ET, according to data from S&P Global Market Intelligence. Meanwhile, Hilton's share price was down 7.5%.
Bluegreen Vacations published a press release this morning announcing that it had agreed to be acquired by Hilton Grand Vacations. Hilton will pay a price of $75 per share to buy Bluegreen in an all-cash deal.
Source Fool.com
Hilton Inc. Aktie
184,85 €
0,48 %
Die Hilton Inc. Aktie erhält mehrere Buy-Einschätzungen, ohne eine Gegenstimme.
Ein positives Kurspotenzial für Hilton Inc. ist gegeben, mit einem Kursziel von 198 € über dem aktuellen Kurs von 184.85 €.
