Land & Buildings Believes Hilton Grand Vacations’ Proposed Acquisition of Diamond Resorts Would Overpay for the Company, Cede Control to Apollo and Dilute Shareholders
STAMFORD, Conn.–(BUSINESS WIRE)–Today Land & Buildings Investment Management LLC (together with its affiliates, “Land & Buildings”), a shareholder of Hilton Grand Vacations Inc. (“HGV” or the “Company) (NYSE: HGV), sent an open letter notifying HGV shareholders it intends to vote against the Company’s proposed acquisition of Diamond Resorts International, Inc. (“Diamond”) from Apollo Global Management,…
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