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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Diamond Resorts International Inc (NYSE: DRII) acted responsibly on behalf of investors’ profitability in the planned $2.2 billion sale to Apollo Group Management LLC.
On June 29, 2016, Diamond Resorts International Inc (NYSE: DRII) and Apollo Group Management LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Apollo will offer Diamond Resorts shareholders $30.25 per share in cash for all outstanding shares.
Based in Las Vegas, Nevada, and founded in 2013 Diamond Resorts International Inc operates in the hospitality and vacation ownership industry.
The investigation is looking to uncover whether Diamond Resorts International Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $33.00 per share.
If you purchased Diamond Resorts International Inc (NYSE: DRII) prior to June 29, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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