After-Hours Movers 7/21: Apple (AAPL), American Exp (AXP), Texas...

Courtesy StreetInsider.com News Articles  Mon, 07/21/2008 - 17:26

StreetInsider.com After-Hours Movers:

Bluegreen Corporation (NYSE: BXG) 108% HIGHER; signed a non-binding letter of intent relating to the acquisition of the Company at a price of $15.00 per share by Diamond Resorts International, which would value this transaction at approximately $500 million, exclusive of Bluegreen’s outstanding debt.

Foundry Networks, Inc.

(Nasdaq: FDRY) 32% HIGHER; Brocade (Nasdaq: BRCD) announced a definitive agreement to purchase Foundry Networks.

Under the agreement, Brocade will pay a combination of $18.50 of cash plus 0.0907 shares...



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