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DRII Diamond Resorts International, Inc.

30.22
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Diamond Resorts International, Inc. NYSE:DRII NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 30.22 0 01:00:00

Wolf Popper LLP Investigates Buyout of Diamond Resorts International, Inc. by Apollo Global Management, LLC

30/06/2016 3:15pm

PR Newswire (US)


DIAMOND RESORTS INTERNATIONAL, I (NYSE:DRII)
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NEW YORK, June 30, 2016 /PRNewswire/ -- On June 29, 2016, Diamond Resorts International, Inc. (NYSE: DRII) announced that it is being acquired by affiliates of the private equity firm, Apollo Global Management, LLC (NYSE: APO) for $30.25 per share.  According to Carl Stine, who is a partner at Wolf Popper LLP, "With ownership of 37%, it is not surprising that the management of Diamond, which will undoubtedly end up teaming up with Apollo, has decided to sell the company at a discount by taking advantage of the stock's recent temporary price decline." 

Wolf Popper is investigating claims on behalf of investors in Diamond concerning the transaction.  Diamond's shareholders seeking more information about the transaction or Wolf Popper's investigation can contact Mr. Stine at (212) 759-4600 or cstine@wolfpopper.com.

Wolf Popper has extensive experience representing investors in mergers and acquisition lawsuits and has successfully ensured that investors receive the maximum compensation.  Twelve Wolf Popper attorneys were named Rising Stars or Super Lawyers in the 2015 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area.  View Wolf Popper attorney biographies at www.wolfpopper.com.

Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.

Wolf Popper LLP
845 Third Avenue
New York, New York 10022
Telephone: 212-759-4600
Toll Free Tel: 877-370-7703
Toll Free Fax: 877-370-7704
Email: cstine@wolfpopper.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wolf-popper-llp-investigates-buyout-of-diamond-resorts-international-inc-by-apollo-global-management-llc-300292706.html

SOURCE Wolf Popper LLP

Copyright 2016 PR Newswire

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