Bluegreen DEFA14A 2012
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant x
Filed by a Party other than the Registrant ¨
Check the appropriate box:
PLEASE VOTE YOUR SHARES TODAY!
June 8, 2012
Dear Fellow Shareholder,
We are writing to remind you of the importance of voting your shares of our Common Stock at the special meeting of shareholders of Bluegreen Corporation to be held on June 19, 2012. We previously sent you proxy materials for the meeting, which described in detail the proposed merger between Bluegreen and BFC Financial Corporation to be voted upon at the meeting. According to our latest records, we have not yet received your vote. The meeting is now only a short time away, and it is therefore important that you promptly complete, sign, date and return your proxy card (or vote your shares by telephone or the Internet in accordance with the instructions on your proxy card) in order to make sure that your shares are voted at the meeting in accordance with your desires.
As described in the proxy materials for the meeting, the purpose of the meeting is to vote upon the Agreement and Plan of Merger between Bluegreen, BFC and the subsidiary of BFC formed for purposes of the merger. Pursuant to the terms of the merger agreement, Bluegreen will merge with and into a wholly owned subsidiary of BFC and holders of Bluegreens Common Stock (other than BFC and holders who exercise and perfect their appraisal rights in accordance with Massachusetts law) will receive eight shares of BFCs Class A Common Stock (as ratably adjusted in connection with the reverse stock split expected to be effected by BFC in connection with the merger) in exchange for each share of Bluegreens Common Stock that they hold at the effective time of the merger.
A special committee comprised of disinterested directors and our full board of directors has determined that the merger is in the best interests of our shareholders. Accordingly, we are asking that you vote your shares FOR the merger agreement, as recommended by our board of directors. If you do not vote your shares, then your failure to vote will have the same effect as a vote cast AGAINST the merger agreement.
Your vote is important, no matter how many or how few shares you may own. If you have not already done so, please vote TODAY by telephone or the Internet, or by completing, signing, dating and returning the enclosed proxy card in the envelope provided to ensure that your votes are validly received prior to the special meeting.
If you have recently mailed your proxy card (or voted by telephone or the Internet), then please accept my sincere appreciation and disregard this request.
If you have any questions or need assistance voting your shares, please call Georgeson Inc., the information for the merger, toll-free at (888) 613-9988.
We appreciate your time and consideration and your continued support.
John M. Maloney, Jr.
Chief Executive Officer and President