Land & Buildings Believes Hilton Grand Vacations' (HGV) Proposed Acquisition of Diamond Resorts Would Overpay for the Company, Cede Control to Apollo (APO) and Dilute Shareholders

Land & Buildings Believes Hilton Grand Vacations’ Proposed Acquisition of Diamond Resorts Would Overpay for the Company, Cede Control to Apollo and Dilute Shareholders

Land & Buildings Sends Letter to HGV Shareholders and Releases Presentation Outlining Serious Issues with the Proposed Acquisition

Highlights the Companys Recent Misleading Statements Regarding the Deal

Believes HGV is More Valuable on a Standalone Basis and Intends to Vote Against Proposed Transaction

STAMFORD, Conn.--(BUSINESS WIRE)-- Today Land & Buildings Investment Management LLC (together with its affiliates, Land & Buildings), a shareholder of Hilton Grand Vacations Inc. (HGV or the Company) (NYSE: HGV), sent an open letter notifying HGV shareholders it intends to vote... More