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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 |
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
1 Year DIAMOND RESORTS INTERNATIONAL, I Chart |
1 Month DIAMOND RESORTS INTERNATIONAL, I Chart |
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