New York, New York/June 29, 2016 - Tripp Levy PLLC, a leading national shareholder rights law firm, announces that it is representing shareholders of Diamond Resorts International Inc. On June 29, 2016, Diamond Resorts announced it had signed a definitive merger agreement with Apollo. Under the terms of the agreement, Apollo will pay $30.25 per share in cash for each share of Diamond Resorts common stock.
The investigation concerns whether the Diamond Resorts board failed to satisfy their duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Diamond Resorts shares of common stock especially given that the price target for one Wall Street analyst is $35.00.
If you are a shareholder of Diamond Resorts and would like your shares to be eligible for a higher price at no cost or expense, please contact us at 800.511.7037 or visit our website at tripplevy
Tripp Levy has assisted in the recovery of billions of dollars for shareholders around the globe.