On Friday, July 1, 2016 we received the following notification from Diamond Resorts International. We are copying the letter in its entirety, with no editing for your review:
Dear Members and Owners,
Diamond Resorts Grand Beach, Orlando, Florida
Today we announced that we have entered into a merger agreement under which an affiliate of Apollo Global Management, LLC will acquire Diamond Resorts International, Inc. We wanted to reach out to you directly to assure you that this transaction will not impact your membership or ownership in any way and you may continue to look forward to a lifetime of vacation experiences with us. Our top priority remains providing our members and owners with the unparalleled vacation experiences they have come to expect, and we will continue to deliver exceptional hospitality.
We look forward to seeing you on your next vacation.
Stay happy, Stay healthy and Stay Vacationed.™
Sincerely,
Diamond Resorts International®
Syed Sarmad, Principal Broker for Advantage Vacation
