Apollo Global to Acquire Diamond Resorts

July 1st, 2016

Private equity firm Apollo Global Management are all set for the acquisition of Diamond Resorts for a sum of $2.2 billion, which works out around $30.25 per share.  There has been industry news regarding Diamond since back in February when they announced that they were looking into strategic business changes.  At this point when announced, […]

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Diamond Resorts International Q4 Share Movements

April 14th, 2016

There is much reported share movement within Diamond Resorts International, DRI, within recent disclosed trading’s regarding quarter four movements.  Some major stakeholders have recently pulled out alongside some lower level companies trading in and out of the company. American Assets Capital Advisers purchased 8,037 additional shares in Diamond Resorts International Inc.  The investment management firm […]

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Diamond Looking to Privatise

March 25th, 2016

Diamond Resorts International has long had a dense inside ownership along with low trading multiple, look at these facts along with thir previously announced “strategic review” and they look a probable candidate to go private. A source following the strategic review closely said, “The insiders own a tremendous amount of stock, they’ve LBO’ed it before, […]

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Bait and Switch Lawsuit

March 16th, 2016

Couple claiming bait and switch, sues Gold Key to get out of Virginia Beach timeshare deal. A couple, Robert and Jessica Johnson of Massachusetts, claim bait and switch after being approached while walking along the Boardwalk in Virginia Beach in August 2015. They say after they were initially approached, they were relentlessly pitched and eventually […]

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Diamond Shares still under pressure

January 29th, 2016

Shares of Diamond Resorts International, Inc. (NYSE:DRII) ended Thursday session in red amid volatile trading. The shares closed down 0.82 points or 4.47% at $17.51 with 1,476,715 shares getting traded. Post opening the session at $18.51, the shares hit an intraday low of $17.48 and an intraday high of $18.67 and the price vacillated in […]

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Diamond shares are getting dumped on the New York stock exchange

January 26th, 2016

Yesterday Diamond Resorts International Inc. (the conglomerate) took one hell of a beating as their troublesome share values plummeted by another 11% in early trading. The fall is as a result of an article which suggests that the company is operating high pressure tactics in its sales rooms so as to close sales, and generate […]

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