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Lennar to buy CalAtlantic Group in about $9.3 bln deal
2017年10月30日 / 上午10点16分 / 22 天前

Lennar to buy CalAtlantic Group in about $9.3 bln deal

Oct 30 (Reuters) - Lennar Corp said it would buy smaller rival CalAtlantic Group Inc in a deal valued at about $9.3 billion, including debt, creating the nation’s largest homebuilder.

Each share of CalAtlantic stock will be exchanged for 0.885 shares of Lennar Class A common stock, Lennar said on Monday. (Reporting by Arunima Banerjee in Bengaluru; Editing by Martina D‘Couto)

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