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Levitt Corporation Begins Trading on the New York Stock Exchange
FORT LAUDERDALE, Fla., Jan 2, 2004 (BUSINESS WIRE) -- Levitt Corporation (LEV) , announced its Class A Common Stock began trading today on the New York Stock Exchange under the ticker symbol: LEV.
Chairman of the Board and Chief Executive Officer, Alan B. Levan commented: "Listing on the "Big Board" and trading on the floor of the New York Stock Exchange on the first trading day of the new year is a fitting way to launch the 75th anniversary of Levitt's homebuilding subsidiary. We are proud to launch this new era of the Levitt heritage and very pleased to be a part of the NYSE," he added.
About Levitt Corporation:
Levitt Corporation, is the parent company of Levitt and Sons(TM), Core Communities, and Levitt Commercial.
Levitt and Sons(TM), America's first builder of planned suburban communities, is best known for creating New York's Levittown, Long Island and Levittown, PA. After building approximately 200,000 homes in over 74 years, Levitt and
Sons(TM) currently develops single and multi-family homes for active adults and families throughout Florida.
Core Communities develops master-planned communities in Florida, including its original and best known, St. Lucie West. St. Lucie West, the fastest growing community on Florida's Treasure Coast for the last 7 years, is a 4,600-acre community with 4,000 built and occupied homes, 150 businesses employing 5,000 people and a university campus. Core Communities' newest master-planned community is "Tradition." Now under development on Florida's Treasure Coast in St. Lucie County, Tradition features 5,600 residences, a commercial town center and a world-class corporate park.
Levitt Commercial specializes in development, re-development, and joint venture opportunities in industrial and retail properties.
Bluegreen Corporation engages in the acquisition, development, marketing and sale of drive-to vacation resorts, golf communities and residential land. The Company's resorts are located in a variety of popular vacation destinations including the Smoky Mountains of Tennessee; Myrtle Beach and Charleston, South Carolina; Branson, Missouri; Wisconsin Dells and Gordonsville, Wisconsin; Aruba and throughout Florida. Bluegreen Corp.'s land operations are predominantly located in the Southeastern and Southwestern United States. Levitt Corporation holds approximately 38% ownership in Bluegreen Corporation.
For further information, please visit our websites:
http://www.LevittCorporation.com
http://www.LevittandSons.com http://www.CoreCommunities.com
http://www.LevittCommercial.com
Note: To receive future news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button on
http://www.LevittCorporation.com
Statements in this release may constitute forward-looking statements and are made pursuant to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based largely on expectations and are subject to a number of risks and uncertainties affecting the Company, and other factors detailed in the Company's SEC filings.
SOURCE: Levitt Corporation
Levitt Corporation, Fort Lauderdale
Investor Relations:
Leo Hinkley, 954/760-5317
Fax: 954/760-5415
Email: InvestorRelations@LevittCorporation.com
Mailing Address: Levitt Corporation, Investor Relations,
1750 East Sunrise Blvd., Fort Lauderdale, FL 33304
or
Corporate Communications:
Sharon Lyn, 954/760-5402
Fax: 954/760-5415
CorpComm@LevittCorporation.com
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