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Real Estate & Property Law

: Housing Wire

Pulte to Buy Centex in $1.3B Deal

By PAUL JACKSON

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Pulte Homes Inc. (PHM: 9.64 -10.49%) said Wednesday it would acquire Centex Corp. (CTX: 9.06 +18.90%) Wednesday in a stock-for-stock deal valued at $1.3 billion that will create the nation’s largest homebuilding company. The merger comes as many of the nation’s home builders are struggling amid a recession and steep price correction in the nation’s [...]

Full post as published by Housing Wire on April 08, 2009 (boomark / email).

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