BBX Capital Corporation Provides Update Regarding Trading of its Class A Common Stock and Class ...
(WorldNews Business)

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sep 18, 2020-- BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (“BBX Capital” or the “Company”) announced today that, during the period commencing with the opening of trading on September 21, 2020 and ending on the close of trading on September 30, 2020, the contemplated distribution date for the Company`s previously announced proposed spin-off of BBX Capital Florida LLC, the Company`s Class A Common Stock and Class B Common Stock will continue to trade “regular way” on the New York Stock Exchange and OTCQX, respectively, but on a “due-bills” basis. Prior to the spin-off, BBX Capital Florida LLC will be converted into a Florida corporation named BBX...