Bluegreen Vacations Corporation
|Company Name||Bluegreen Vacations Corporation|
On May 28, 2019, the Company relayed that Bass Pro Inc. and its affiliates had terminated the two parties’ Marketing Agreement effective May 24, 2019, due to alleged breaches by the Company. Due to the termination of the Marketing Agreement, the Company no longer has access to Bass Pro’s marketing and advertising materials.
On this news, the Company’s share price fell $0.25, or nearly 3%, to close at $8.10 on May 29, 2019, thereby injuring investors.
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