The Real Deal Miami

Bluegreen sale stalls

October 20, 2008 10:37AM

Diamond Resorts International has not yet secured financing for its previously announced proposal to purchase Bluegreen, the Boca Raton-based resort builder. Bluegreen said last month that it would extend, until November 15, the period during which Diamond Resorts would have an exclusive right of negotiation to acquire all of the company’s common stock.