Centex and Pulte Homes are the first home builder mega merger to come through, but odds are it will not be the last.
The 1.3 billion dollar stock swap is being done while both companies are hemorrhaging money in the housing downturn. The merging of assets, valued at a combined 7.2 billion dollar enterprise value [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.
Pulte Homes and Centex To Merge in Billion Dollar Deal
Related posts:Pulte Homes Reduces Workforce by 16% or 1,900 employees It looks like there is a major retrenchment going on...Pulte Homes Cuts Earnings - Orders Down 29 Percent Pulte Homes announced that new home orders have fallen 29...Centex to Take a 1 Billion
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