SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): February 14, 2008

 

BLUEGREEN CORPORATION

(Exact name of registrant as specified in its charter)

 

Massachusetts  

(State or other jurisdiction of incorporation)

 

0-19292

 

03-0300793


 


(Commission File Number)

 

(IRS Employer Identification No,)

 

4960 Conference Way North, Suite 100, Boca Raton, Florida 33431

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (561) 912-8000

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR

  240.14d-2(b))

 

o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR

  240.13e-4(c))

 


Item 8.01 Other Events

 

On February 14, 2008, Bluegreen Corporation announced that it intends to pursue a rights offering to its shareholders of up to $100 million of its common stock, more fully described in the press release included herein as Exhibit 99.1.

 

Neither this Form 8-K nor the press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. Securities may not be sold nor may offers to buy be accepted prior to the effectiveness of a registration statement nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state.

Item 9.01 Financial Statements and Exhibits

(d) Press Release dated February 14, 2008.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:   February 14, 2008

 

 

By:

/S/ ANTHONY M. PULEO

 

 


 

 

Anthony M. Puleo

 

 

Senior Vice President,

 

 

Chief Financial Officer and Treasurer

 

 

 

 

 

 

 

 

 

 

 


 

EXHIBIT INDEX

 

99.1

Press Release dated February 14, 2008